HiPhi reportedly to resume production soon after securing new financing
HiPhi has recently received a strategic investment from a Hong Kong-based organization that will help it resume operations and production,…
HiPhi may have struck restructuring deal with Changan’s EV arm Avatr, report says
Avatr has approached HiPhi and may have struck a partnership deal, with the two now reorganizing their teams, according to local media.
HiPhi in touch with Changan for takeover talks, report says
HiPhi began production halt on February 18 -- the first working day after the Chinese New Year holiday -- sparking fears about its fate.
HiPhi founder apologizes to employees, says firm has only 3-month window left
Ding Lei said that he was using old-fashioned business strategies and was no match for his counterparts from Internet companies. He also said…
Premium Chinese EV brand HiPhi halts production for 6 months
Employees will be paid as usual until February 18, and after March 15 only HiPhi employees in Shanghai will receive basic pay, according to…
Premium Chinese EV brand HiPhi reportedly making massive layoffs
Rumors on Chinese social media said HiPhi will lay off up to 20 percent of its workforce and up to 50 percent in some divisions.