Chinese electric car manufacturer
Human Horizons Technology was a Chinese electric car manufacturer company based in Shanghai that made electric cars under the HiPhi marque.[1] It operated a production and assembly smart plant in Yancheng,[2] Jiangsu, and its parts boutique prototype factory in Jinqiao, Shanghai.
History
Human Horizons was founded in August 2017 by Ding Lei.[3]
The company's headquarters is in Shanghai.[4] The company was named the Human Horizons name on 25 October 2018, alongside three Human Horizons concept cars.[5][6]
On 31 July 2019, the HiPhi brand was launched alongside its first concept car, the HiPhi 1.[7]
In September 2020, Human Horizons launched the HiPhi X, a luxury pure electric vehicle.[8] On May 8, 2021, HiPhi X began to be delivered to Chinese car owners. On November 6 of the same year, Chinese Horizon launched HiPhi Z.[9] On March 31, 2022, HiPhi Z GT was released.[10]
In April 2023, the company's third model debuted, positioned below the flagship "X", a large crossover HiPhi Y.[11] In parallel, the company announced plans to start sales in Europe, starting with the "X" model.[12] In November 2023, the high-performance version of the flagship "Z" debuted under the name HiPhi A.[13]
At the beginning of 2024, Human Horizons found itself in a difficult financial situation, which prompted the company's management to implement radical cost-cutting measures. In January, the company closed its two large showroom-style showrooms in Chengdu and Guangzhou, and also had to suspend all work of the research and development center.[14] A month later, Human Horizons officially confirmed that it was suspending all operations, starting from the development of new products, to the production of its current cars for the next 6 months. In addition, staff received salary cuts of up to 70% of their salary, encouraging staff to look for a new employer.[15]
After an unsuccessful search for new owners, considering either selling shares or entering into cooperation within a joint venture, Human Horizons filed for bankruptcy in early August 2024.[16]
Products
Concept vehicles
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Human Horizons Concept H
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Human Horizons Concept A
References
External links
