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Rebirth Amidst Restructuring: Establishment of Jiangsu HiPhi Automobile Co., Ltd.
2025-05-22 /
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Author：小编
On May 22, Jiangsu HiPhi Automobile Co., Ltd. was officially incorporated with a registered capital of US$143 million (approximately RMB 1.03 billion). The company is a joint venture between Human Horizons (Jiangsu) Technology Co., Ltd., holding a 30.2% stake, and Lebanese electric vehicle manufacturer EV Electra Ltd., with a 69.8% share. Jihad Mohammad serves as the legal representative. The company's primary focus encompasses the manufacture of road motor vehicles and the research and development of automotive components. This new venture's establishment is inextricably linked to the bankruptcy restructuring of Human Horizons, signifying the resurgence of HiPhi Automobile, which had previously faced financial collapse.
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