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Lebanon's EV Electra Takes Majority Stake in HiPhi Amid Production Restart Plans

Summary by evmagz.com
HiPhi, the premium electric vehicle (EV) brand under China’s Human Horizons, is preparing to restart operations following a reported majority investment from Lebanese firm EV Electra Ltd., according to Chinese media sources. Ownership of HiPhi has shifted, with Human Horizons now holding a 30.2% minority stake, while EV Electra has acquired 69.8% of the company. [...] The post Lebanon’s EV Electra Takes Majority Stake in HiPhi Amid Production Re…
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evmagz.com broke the news in on Tuesday, May 27, 2025.
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