HiPhi Auto Closure

HiPhi Auto Closure

HANGZHOU, CHINA - FEBRUARY 22, 2024 - Photo taken on Feb 22, 2024 shows the logo of HiPhi Auto in Hangzhou, East China's Zhejiang province. Recently, HiPhi Auto shut down production for 6 months, HiPhi Auto is currently facing supplier debt collection, capital chain break, large-scale withdrawal of stores, staff pay cuts and layoffs and other problems, the brand that once positioned high-end luxury cars or will face closure.

HiPhi Auto Closure

HiPhi Auto Closure

HANGZHOU, CHINA - FEBRUARY 22, 2024 - Photo taken on Feb 22, 2024 shows the logo of HiPhi Auto in Hangzhou, East China's Zhejiang province. Recently, HiPhi Auto shut down production for 6 months, HiPhi Auto is currently facing supplier debt collection, capital chain break, large-scale withdrawal of stores, staff pay cuts and layoffs and other problems, the brand that once positioned high-end luxury cars or will face closure.

HiPhi Auto Closure

HiPhi Auto Closure

HANGZHOU, CHINA - FEBRUARY 22, 2024 - Photo taken on Feb 22, 2024 shows the logo of HiPhi Auto in Hangzhou, East China's Zhejiang province. Recently, HiPhi Auto shut down production for 6 months, HiPhi Auto is currently facing supplier debt collection, capital chain break, large-scale withdrawal of stores, staff pay cuts and layoffs and other problems, the brand that once positioned high-end luxury cars or will face closure.

HiPhi Auto Closure

HiPhi Auto Closure

HANGZHOU, CHINA - FEBRUARY 22, 2024 - Photo taken on Feb 22, 2024 shows the logo of HiPhi Auto in Hangzhou, East China's Zhejiang province. Recently, HiPhi Auto shut down production for 6 months, HiPhi Auto is currently facing supplier debt collection, capital chain break, large-scale withdrawal of stores, staff pay cuts and layoffs and other problems, the brand that once positioned high-end luxury cars or will face closure.

HiPhi Auto Closure

HiPhi Auto Closure

HANGZHOU, CHINA - FEBRUARY 22, 2024 - Photo taken on Feb 22, 2024 shows the logo of HiPhi Auto in Hangzhou, East China's Zhejiang province. Recently, HiPhi Auto shut down production for 6 months, HiPhi Auto is currently facing supplier debt collection, capital chain break, large-scale withdrawal of stores, staff pay cuts and layoffs and other problems, the brand that once positioned high-end luxury cars or will face closure.

HiPhi Auto Closure

HiPhi Auto Closure

HANGZHOU, CHINA - FEBRUARY 22, 2024 - Photo taken on Feb 22, 2024 shows the logo of HiPhi Auto in Hangzhou, East China's Zhejiang province. Recently, HiPhi Auto shut down production for 6 months, HiPhi Auto is currently facing supplier debt collection, capital chain break, large-scale withdrawal of stores, staff pay cuts and layoffs and other problems, the brand that once positioned high-end luxury cars or will face closure.

HiPhi Auto Closure

HiPhi Auto Closure

HANGZHOU, CHINA - FEBRUARY 22, 2024 - Photo taken on Feb 22, 2024 shows the logo of HiPhi Auto in Hangzhou, East China's Zhejiang province. Recently, HiPhi Auto shut down production for 6 months, HiPhi Auto is currently facing supplier debt collection, capital chain break, large-scale withdrawal of stores, staff pay cuts and layoffs and other problems, the brand that once positioned high-end luxury cars or will face closure.

HiPhi Auto Closure

HiPhi Auto Closure

HANGZHOU, CHINA - FEBRUARY 22, 2024 - Photo taken on Feb 22, 2024 shows the logo of HiPhi Auto in Hangzhou, East China's Zhejiang province. Recently, HiPhi Auto shut down production for 6 months, HiPhi Auto is currently facing supplier debt collection, capital chain break, large-scale withdrawal of stores, staff pay cuts and layoffs and other problems, the brand that once positioned high-end luxury cars or will face closure.

Illustration HiPhi Auto Shuts Down

Illustration HiPhi Auto Shuts Down

SUQIAN, CHINA - FEBRUARY 20, 2024 - Illustration HiPhi Auto shuts down for six months, Suqian, Jiangsu province, China, February 20, 2024.

Illustration HiPhi Auto Shuts Down

Illustration HiPhi Auto Shuts Down

SUQIAN, CHINA - FEBRUARY 20, 2024 - Illustration HiPhi Auto shuts down for six months, Suqian, Jiangsu province, China, February 20, 2024.

Illustration HiPhi Auto Shuts Down

Illustration HiPhi Auto Shuts Down

SUQIAN, CHINA - FEBRUARY 20, 2024 - Illustration HiPhi Auto shuts down for six months, Suqian, Jiangsu province, China, February 20, 2024.

Illustration HiPhi Auto Shuts Down

Illustration HiPhi Auto Shuts Down

SUQIAN, CHINA - FEBRUARY 20, 2024 - Illustration HiPhi Auto shuts down for six months, Suqian, Jiangsu province, China, February 20, 2024.

Illustration HiPhi Auto Shuts Down

Illustration HiPhi Auto Shuts Down

SUQIAN, CHINA - FEBRUARY 20, 2024 - Illustration HiPhi Auto shuts down for six months, Suqian, Jiangsu province, China, February 20, 2024.

HiPhi Auto Close

HiPhi Auto Close

HANGZHOU, CHINA - FEBRUARY 18, 2024 - A closed HiPhi Auto sales store is seen in Hangzhou, Zhejiang province, China, on the evening of February 18, 2024. Today, HiPhi Auto announced that it will stop production for 6 months from now.

HiPhi Auto Close

HiPhi Auto Close

HANGZHOU, CHINA - FEBRUARY 18, 2024 - A closed HiPhi Auto sales store is seen in Hangzhou, Zhejiang province, China, on the evening of February 18, 2024. Today, HiPhi Auto announced that it will stop production for 6 months from now.

HiPhi Auto Close

HiPhi Auto Close

HANGZHOU, CHINA - FEBRUARY 18, 2024 - A closed HiPhi Auto sales store is seen in Hangzhou, Zhejiang province, China, on the evening of February 18, 2024. Today, HiPhi Auto announced that it will stop production for 6 months from now.

HiPhi Auto Close

HiPhi Auto Close

HANGZHOU, CHINA - FEBRUARY 18, 2024 - A closed HiPhi Auto sales store is seen in Hangzhou, Zhejiang province, China, on the evening of February 18, 2024. Today, HiPhi Auto announced that it will stop production for 6 months from now.

HiPhi Auto Close

HiPhi Auto Close

HANGZHOU, CHINA - FEBRUARY 18, 2024 - A closed HiPhi Auto sales store is seen in Hangzhou, Zhejiang province, China, on the evening of February 18, 2024. Today, HiPhi Auto announced that it will stop production for 6 months from now.

HiPhi Auto Close

HiPhi Auto Close

HANGZHOU, CHINA - FEBRUARY 18, 2024 - A closed HiPhi Auto sales store is seen in Hangzhou, Zhejiang province, China, on the evening of February 18, 2024. Today, HiPhi Auto announced that it will stop production for 6 months from now.

A HiPhi Store in Shanghai

A HiPhi Store in Shanghai

SHANGHAI, CHINA - JANUARY 14, 2024 - A HiPhi new energy vehicle store in Shanghai, China, January 14, 2024.

A HiPhi Store in Shanghai

A HiPhi Store in Shanghai

SHANGHAI, CHINA - JANUARY 14, 2024 - A HiPhi new energy vehicle store in Shanghai, China, January 14, 2024.

A HiPhi Store in Shanghai

A HiPhi Store in Shanghai

SHANGHAI, CHINA - JANUARY 14, 2024 - A HiPhi new energy vehicle store in Shanghai, China, January 14, 2024.

Byd Became The Global New Energy Vehicle Sales Crown in 2023

Byd Became The Global New Energy Vehicle Sales Crown in 2023

SHANGHAI, CHINA - APRIL 19, 2023 - Visitors visit BYD's stand at the 2023 Shanghai Auto Show in Shanghai, capital of China, April 19, 2023. On January 3, 2024, according to the sales data released by BYD, the annual sales volume in 2023 reached 3,024,400, becoming the global new energy vehicle sales crown.

Byd Became The Global New Energy Vehicle Sales Crown in 2023

Byd Became The Global New Energy Vehicle Sales Crown in 2023

SHANGHAI, CHINA - APRIL 19, 2023 - Visitors visit BYD's stand at the 2023 Shanghai Auto Show in Shanghai, capital of China, April 19, 2023. On January 3, 2024, according to the sales data released by BYD, the annual sales volume in 2023 reached 3,024,400, becoming the global new energy vehicle sales crown.

Byd Became The Global New Energy Vehicle Sales Crown in 2023

Byd Became The Global New Energy Vehicle Sales Crown in 2023

SHANGHAI, CHINA - APRIL 19, 2023 - Visitors visit BYD's stand at the 2023 Shanghai Auto Show in Shanghai, capital of China, April 19, 2023. On January 3, 2024, according to the sales data released by BYD, the annual sales volume in 2023 reached 3,024,400, becoming the global new energy vehicle sales crown.

HiPhi at the 2023 Shanghai Auto Show

HiPhi at the 2023 Shanghai Auto Show

SHANGHAI, CHINA - APRIL 20, 2023 - Visitors look at the booth of HiPhi Electric Vehicles at Auto Shanghai 2023 on April 20, 2023.

HiPhi at the 2023 Shanghai Auto Show

HiPhi at the 2023 Shanghai Auto Show

SHANGHAI, CHINA - APRIL 20, 2023 - Visitors look at the booth of HiPhi Electric Vehicles at Auto Shanghai 2023 on April 20, 2023.

HiPhi at the 2023 Shanghai Auto Show

HiPhi at the 2023 Shanghai Auto Show

SHANGHAI, CHINA - APRIL 20, 2023 - Spectators look at a new Electric car launched by HiPhi at the 2023 Shanghai Auto Show in Shanghai, April 20, 2023.

HiPhi at the 2023 Shanghai Auto Show

HiPhi at the 2023 Shanghai Auto Show

SHANGHAI, CHINA - APRIL 20, 2023 - Spectators look at a new Electric car launched by HiPhi at the 2023 Shanghai Auto Show in Shanghai, April 20, 2023.

HiPhi at the 2023 Shanghai Auto Show

HiPhi at the 2023 Shanghai Auto Show

SHANGHAI, CHINA - APRIL 20, 2023 - Spectators look at a new Electric car launched by HiPhi at the 2023 Shanghai Auto Show in Shanghai, April 20, 2023.

CHINA-GUANGDONG-GUANGZHOU INT'L AUTOMOBILE EXHIBITION (CN)

CHINA-GUANGDONG-GUANGZHOU INT'L AUTOMOBILE EXHIBITION (CN)

(231117) -- GUANGZHOU, Nov. 17, 2023 (Xinhua) -- This photo taken on Nov. 17, 2023 shows the booth of HiPhi at the 21st Guangzhou International Automobile Exhibition in Guangzhou, south China's Guangdong Province. The 21st Guangzhou International Automobile Exhibition opened here on Friday, with 1,132 vehicles on display. (Xinhua/Deng Hua)

Polestar Electric Car Store in Shanghai

Polestar Electric Car Store in Shanghai

SHANGHAI, CHINA - SEPTEMBER 3, 2023 - A Polestar electric car is displayed at a downtown store in Shanghai, China, September 3, 2023.

Polestar Electric Car Store in Shanghai

Polestar Electric Car Store in Shanghai

SHANGHAI, CHINA - SEPTEMBER 3, 2023 - A Polestar electric car store in Shanghai, China, September 3, 2023.

Polestar Electric Car Store in Shanghai

Polestar Electric Car Store in Shanghai

SHANGHAI, CHINA - SEPTEMBER 3, 2023 - A Polestar electric car is displayed at a downtown store in Shanghai, China, September 3, 2023.

Customers Experience HiPhi Electric Vehicles in Shanghai

Customers Experience HiPhi Electric Vehicles in Shanghai

SHANGHAI, CHINA - SEPTEMBER 3, 2023 - Customers experience HiPhi electric vehicles in Shanghai, China, September 3, 2023.

Customers Experience HiPhi Electric Vehicles in Shanghai

Customers Experience HiPhi Electric Vehicles in Shanghai

SHANGHAI, CHINA - SEPTEMBER 3, 2023 - Customers experience HiPhi electric vehicles in Shanghai, China, September 3, 2023.

Customers Experience HiPhi Electric Vehicles in Shanghai

Customers Experience HiPhi Electric Vehicles in Shanghai

SHANGHAI, CHINA - SEPTEMBER 3, 2023 - Customers experience HiPhi electric vehicles in Shanghai, China, September 3, 2023.

Customers Experience HiPhi Electric Vehicles in Shanghai

Customers Experience HiPhi Electric Vehicles in Shanghai

SHANGHAI, CHINA - SEPTEMBER 3, 2023 - Customers experience HiPhi electric vehicles in Shanghai, China, September 3, 2023.

Customers Experience HiPhi Electric Vehicles in Shanghai

Customers Experience HiPhi Electric Vehicles in Shanghai

SHANGHAI, CHINA - SEPTEMBER 3, 2023 - Customers experience HiPhi electric vehicles in Shanghai, China, September 3, 2023.

Customers Experience HiPhi Electric Vehicles in Shanghai

Customers Experience HiPhi Electric Vehicles in Shanghai

SHANGHAI, CHINA - SEPTEMBER 3, 2023 - HiPhi electric vehicle logo in Shanghai, China, September 3, 2023.

Customers Experience HiPhi Electric Vehicles in Shanghai

Customers Experience HiPhi Electric Vehicles in Shanghai

SHANGHAI, CHINA - SEPTEMBER 3, 2023 - Customers experience HiPhi electric vehicles in Shanghai, China, September 3, 2023.

Sales of New Energy Vehicles in China

Sales of New Energy Vehicles in China

YANTAI, CHINA - JULY 30, 2023 - Customers learn about HiPhi cars in Yantai, Shandong province, China, July 30, 2023. In 2022, China's new-energy vehicle sales reached 5.67 million, more than half of the global total. Bloomberg New Energy Finance forecasts that China will account for about 60 percent of the 14.1 million electric passenger vehicles sold worldwide in 2023.

Sales of New Energy Vehicles in China

Sales of New Energy Vehicles in China

YANTAI, CHINA - JULY 30, 2023 - Customers learn about HiPhi cars in Yantai, Shandong province, China, July 30, 2023. In 2022, China's new-energy vehicle sales reached 5.67 million, more than half of the global total. Bloomberg New Energy Finance forecasts that China will account for about 60 percent of the 14.1 million electric passenger vehicles sold worldwide in 2023.

Sales of New Energy Vehicles in China

Sales of New Energy Vehicles in China

YANTAI, CHINA - JULY 30, 2023 - Customers learn about HiPhi cars in Yantai, Shandong province, China, July 30, 2023. In 2022, China's new-energy vehicle sales reached 5.67 million, more than half of the global total. Bloomberg New Energy Finance forecasts that China will account for about 60 percent of the 14.1 million electric passenger vehicles sold worldwide in 2023.

More Chinese carmakers set sights on European NEV market

STORY: More Chinese carmakers set sights on European NEV market DATELINE: June 19, 2023 LENGTH: 00:01:43 LOCATION: Beijing CATEGORY: ECONOMY SHOTLIST: 1. various of NIO unveiling two new models, the EL6 and ET5 Touring 2. various of Auto Shanghai 2023 3. various of Chinese electric carmakers STORYLINE: As the new energy vehicle (NEV) industry has grown exponentially in China in recent years, more Chinese carmakers have now set their sights on the European market. Chinese electric car manufacturer NIO unveiled two new models, the EL6 and ET5 Touring for the European market on June 15 in Rotterdam, the Netherlands. The EL6 is a mid-sized SUV with a range of up to 529 kilometers while the ET5 Touring is an electric station wagon offering a range of 560 kilometers, both of which feature rechargeable and upgradeable battery technologies. At Auto Shanghai 2023 held in April, Chinese automobile brands such as ZEEKR, NETA and HiPhi announced their plans to go to Europe. According to ZEEKR, an electric vehicle

CHINA-TIANJIN-AUTO SHOW (CN)

CHINA-TIANJIN-AUTO SHOW (CN)

(221110) -- TIANJIN, Nov. 10, 2022 (Xinhua) -- A staff member stages a live show at the booth of Chinese carmaker HiPhi during the China Motor Show (Tianjin) 2022 in north China's Tianjin, Nov. 10, 2022. China Motor Show (Tianjin) 2022, or Auto Tianjin 2022 kicked off on Thursday in the north Chinese port city of Tianjin. With a total exhibition area of 200,000 square meters, the auto show displays 990 vehicles of Chinese and overseas brands, including 260 new energy vehicles. (Xinhua/Sun Fanyue)

High-tech at 2022 World New Energy Vehicle Congress

STORY: High-tech at 2022 World New Energy Vehicle Congress DATELINE: Aug. 29, 2022 LENGTH: 00:03:44 LOCATION: Beijing CATEGORY: TECHNOLOGY SHOTLIST: 1. various of the congress 2. SOUNDBITE 1 (Chinese): FU XIAOMING, VP of Beijing SinoHytec Co., Ltd. 3. various of BAIC Foton's heavy truck 4. SOUNDBITE 2 (Chinese): WU QIFENG, Product VP of HiPhi 5. various of the congress STORYLINE: High-tech such as hydrogen fuel cells and automotive chips has caught visitors' attention at the 2022 World New Energy Vehicle Congress, which ended Sunday in Beijing. SOUNDBITE 1 (Chinese): FU XIAOMING, VP of Beijing SinoHytec Co., Ltd. "The 240 kW hydrogen fuel cell engine uses hydrogen as fuel to generate electricity and heat through electrochemical reactions. It can be used as the "heart" of BAIC Foton's 49-tonne heavy truck, or even a 60-tonne heavy-duty truck." SOUNDBITE 2 (Chinese): WU QIFENG, Product VP of HiPhi "Our self-developed H-SOA (HiPhi Service Oriented Architecture) can be widely understood as the operating syst