Avatr denies that it has bought HiPhi but does not deny that it is in talks to save the Chinese premium EV brand.
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Category: HiPhi
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.
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HiPhi refutes Faraday Future’s allegations of trade secret infringement
HiPhi said that the X, Y and Z series models that have been mass-produced were developed by the company itself, or jointly with supplier partners, and have its own intellectual property rights.
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Faraday Future sues HiPhi founder in China for alleged trade secret infringement
Faraday Future seeks monetary damages and demands that HiPhi's parent company, Human Horizons, immediately stop infringing on its trade secrets related to the FF 91.
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Will Changan buy HiPhi?
Chang'an is reportedly talking to HiPhi about a possible takeover. Internet sources claim a 51% stake.
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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.
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Rumor mill in overdrive as HiPhi tries to keep moving
Rumors about HiPhi including that Huawei might buy the company. Also rumors of plagiarizing.
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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 that there have been companies expressing interest in HiPhi, including acquisitions and investments.
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Li Auto CEO calls on China to establish mechanism to facilitate M&As between automakers
Li Auto CEO calls on China's policy makers to establish a mechanism to facilitate mergers and acquisitions between auto companies, amid widespread discussions over HiPhi's production halt.
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HiPhi halts all production with immediate effect in China
So it begins.
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