Chinese EV maker HiPhi suspends operations for 6 months

HiPhi X und Z — The HiPhi X (left) is a large, full-electric SUV, while the Z is a GT sedan. The brand has started sales in Germany and Norway, with further expansion planned. (Foto: HiPhi)

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By:

Bloomberg

February 19, 2024 03:32 PM

The Chinese electric vehicle maker Human Horizons Group has suspended operations for at least six months, adding to signs of an enduring squeeze in the industry as growth slows.

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