Short seller Hindenburg targets Chinese flying taxi startup EHang

U.S. firm alleges 'hollow' preorders and undisclosed limits on certification

20231108N EHang

EHang's EH216-S vehicle, shown here at a May expo in Macao, won type certification in China in October. (Photo by Takashi Kawakami)

NORIYUKI DOI, Nikkei staff writer

SHANGHAI -- Chinese flying taxi maker EHang has become the latest target of U.S. short seller Hindenburg Research, which accused the startup of improprieties concerning the type certification and preorders for the aerial vehicles.

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