HiPhi's Resurgence with New Investment

HiPhi, a Chinese electric vehicle (EV) brand that halted its operations in February, has successfully acquired fresh investment, paving the way for the resumption of its operations and production The comeback is anticipated to kick off in late April or early May In the pipeline is the initiation of a novel vehicle project, which will take cues from the current HiPhi Y model. The brand's portfolio lists the upscale HiPhi X and HiPhi Z, whereas the HiPhi Y serves as the entry-level model, priced at RMB 339,000 ($46,780) The founder, Ding Lei, remains positive regarding HiPhi's prospects and is diligently striving for a revival, despite the hiccup experienced in the preceding month.