Famous Chinese EV brand stops making cars and fires nearly all staff

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While fellow electric vehicle (EV) manufacturers commemorate the commencement of the Chinese Lunar New Year, premium EV manufacturer Human Horizons’ HiPhi brand is suspending production, indicating a worsening state in its operations. According to reports from local media outlet Jiemian, Shanghai-based HiPhi convened an internal meeting on February 18th and declared an immediate cessation of production for a period of six months.

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