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HiPhi: The reason why the EV manufacturer files for bankruptcy

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Published: August 12th, 2024,
Last updated: September 5th, 2024

Poor but sexy: The HiPhi Z luxury model is sure to attract attention, but the company has been unable to attract urgently needed investment.

The Human Horizons Group, the EV manufacturer behind the luxury brand HiPhi, has filed for pre-bankruptcy restructuring. The company ceased production in February after only around 9,000 vehicles had reportedly been sold.

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Electromobility E-Autos