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Automakers

Chinese EV maker HiPhi enters bankruptcy process in death knell

A HiPhi Y electric vehicle.
A HiPhi Y electric vehicle. (BLOOMBERG/Bloomberg)
B
By:
Bloomberg
August 09, 2024 09:43 AM

Chinese electric vehicle maker Human Horizons Group, the company behind the HiPhi luxury electric brand, has filed for pre-bankruptcy restructuring — becoming another victim of China's cutthroat auto market.

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