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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