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HiPhi Motors Bankruptcy Reorganization Update: Facing 15.7 Billion Yuan in Debts, Aims for 'Rebirth'
2025-04-16 /
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Author：小编
HiPhi Motors has achieved significant milestones in its bankruptcy reorganization efforts. The brand's high prices have resulted in sluggish sales, straining its capital chain and ultimately leading to the need for reorganization. In August 2024, HiPhi Motors, a subsidiary of Human Horizons, embarked on pre-bankruptcy reorganization proceedings with debts amounting to a staggering 15.781 billion yuan.
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