Published 08/09/2024 9:08:06 a.m.

Chinese electric vehicle manufacturer HiPhi declares bankruptcy in the midst of a price war

Summary by OKDIARIO

The Chinese manufacturer of luxury electric vehicles HiPhi declared bankruptcy this Friday after filing an application with the People's Court of Yancheng, in eastern China, where its factory is located, claiming that its assets are no longer able to cover the debt. Human Horizons, the parent company of the automotive group, thus becomes the last of the firms to fall into the midst of a price war in the Chinese market where more than a hundred b…

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Chinese electric vehicle manufacturer HiPhi declares bankruptcy in the midst of a price war

08/09/2024 9:08:06 a.m.

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Chinese electric vehicle manufacturer HiPhi declares bankruptcy in the midst of a price war

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Chinese electric vehicle manufacturer HiPhi declares bankruptcy in the midst of a price war

Chinese electric vehicle manufacturer HiPhi declares bankruptcy in the midst of a price war

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