FutureFlight
EHang Fires Off Further Rebuttals in Investor Relations War with Wolfpack
EHang's stock price has taken a battering since Wolfpack Research accused the eVTOL aircraft developer of deceiving the market.
EHang
EHang issue video showing a person it claims is an investigator working for Wolfpack Research who improperly gained access to its facilities in China as part of an effort to discredit the company. (Image: EHang)

Chinese eVTOL aircraft developer EHang has stepped up efforts to reassure investors who may have been discouraged by the contentious Wolfpack Research report, published earlier this week, alleging that the company has misrepresented multiple aspects of its business. A new statement issued this morning seeks to rebut accusations that EHang connived with a Chinese company called Shanghai Kunxiang Intelligent Technology to misrepresent early orders for its EH216 Autonomous Aerial Vehicles.

This charge was just part of a litany of accusations made by U.S.-based Wolfpack, which described EHang as “a stock promotion destined to crash and burn.” In a succession of rebuttals this week, EHang has dismissed its critic as a self-serving “short-seller.” Early today, Wolfpack Research indicated that it intends to respond to EHang’s rebuttals.