**Troubled HiPhi Seeks Lifeline Amid Production Halt**

HiPhi, a Chinese electric vehicle startup, has faced challenges shortly after launching its EVs in Europe. The small car manufacturer had to halt production for six months and is now in need of a lifeline to survive.

**Rescue Rumors Denied by Avatr**

Recent rumors suggested that Avatr, another EV maker, would rescue HiPhi by acquiring a 51% stake in the company. However, Avatr, owned by Changan, quickly refuted these claims, calling them “nonsense.” Despite the denial, speculations continue about a potential acquisition.

**HiPhi’s Unique Position in the Market**

Unlike many other Chinese EV brands, HiPhi is not backed by an existing manufacturer. Founded by Ding Lei in 2017, Human Horizons launched HiPhi in 2019 with three models: Z, X, and Y. The brand’s innovative approach has garnered attention in the industry.

**Uncertain Future for HiPhi**

Following a six-month production halt announced in February, HiPhi faces financial uncertainty. Discussions with Avatr hint at a possible acquisition, but details remain unclear. The company’s survival is crucial for its employees and planned expansion in Europe.

**Potential Impact of Acquisition**

If Avatr acquires a controlling stake in HiPhi, it could inject funds to resume production or integrate HiPhi’s technology into its own vehicles. The outcome of these discussions could shape the future of both companies in the competitive EV market.

**Conclusion**

HiPhi’s struggles highlight the challenges faced by emerging EV brands. As the industry evolves, partnerships and acquisitions may play a crucial role in shaping the future of electric mobility. Stay tuned for updates on the potential rescue of HiPhi by Avatr.