HuaRen YunTong and EV Electra have jointly ventured to establish Jiangsu HiPhi Automotive Co., Ltd., with HuaRen YunTong Jiangsu owning 30.2% of the shares and EV Electra holding the remaining 69.8%. The subscription date for this venture is set for December 31, 2025. At the helm of this company stands Jihad Mohammad as its legal representative, and the registered capital stands at approximately $143 million. According to Tianyancha, this joint venture has been officially registered and established, marking a significant milestone in its journey.
