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Maroc Maroc - NEWMOBILITY.NEWS - A La Une - 14/Aug 05:59

Chinese HiPhi has filed for bankruptcy

The struggling Chinese premium electric car brand HiPhi has filed for bankruptcy. Due to a lack of sales, it is unable to pay suppliers. Human Horizons, the brand’s manufacturer, has filed for restructuring in Yangcheng, China. Founded in 2018 with grand ambitions, HiPhi wanted to push the EV envelope with two models with more than 600 hp, a 600 km range, and a price tag of more than € 100,000. Continue reading at newmobility.news.

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