Chinese EV startup Human Horizons files for bankruptcy
Motor Authority
AUGUST 12, 2024
Chinese startup Human Horizons, the company behind the HiPhi performance EV brand, has filed for pre-bankruptcy restructuring, Bloomberg reported on Friday. Human Horizons filed an application for restructuring with a court in Yancheng, the eastern Chinese city where its factory is located, saying its assets could no longer cover debt as of April.
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