Is HiPhi still in business?

Not as it was. Production stopped in February 2024 and parent Human Horizons filed for bankruptcy that August. A new company, Jiangsu HiPhi Co Ltd, was set up in May 2025 with a Lebanese investor holding 69.8% and a plan to restart the original models; a restart could not be confirmed for this record.

As reported in May 2025, EV Electra — associated with the Lebanese businessman Jihad Mohammad — holds 69.8% of Jiangsu HiPhi Co Ltd, with the original company, Human Horizons, holding 30.2%.

What does HiPhi mean?

It is a coined English name in the manner of 'hi-fi'. The Chinese name is 高合 (Gāohé), 'high' plus 'together'; the parent company is 华人运通, Human Horizons.

It sold small numbers of very expensive cars and ran out of funding. Showrooms closed in January 2024, all production stopped that February, rescue talks including with Changan's Avatr came to nothing, and the company filed for bankruptcy in August 2024.

高合HiPhi

Who owns HiPhi? The ownership chain, EV Electra Ltd's stake and the 2025 deal

Facts checked 4 September 2026Chinese holding 100%

HiPhi was Chinese. The Shanghai luxury electric brand of Human Horizons launched in 2019 and stopped production in 2024 after running out of money. It is a defunct brand; any car still on sale under the name should be checked against the company's current status.

EV Electra, associated with the Lebanese businessman Jihad Mohammad, was reported in May 2025 to be contributing US$100m for 69.8% of a new entity, Jiangsu HiPhi Co Ltd, with registered capital of about US$143m. This is reported, not confirmed by a filing, and it concerns the new company rather than the original Human Horizons.

The short answer

Controlled by	EV Electra Ltd
Stake	69.8%
Since	May 2025
Kind	brand
Origin	CN
Name in Chinese	高合 Gāohé “gao-HUH”
Top of the chain	EV Electra Ltd
Is it Chinese?	Yes

The chain, step by step

EV Electra Ltd owns HiPhi at 69.8% since May 2025.
EV Electra, associated with the Lebanese businessman Jihad Mohammad, was reported in May 2025 to be contributing US$100m for 69.8% of a new entity, Jiangsu HiPhi Co Ltd, with registered capital of about US$143m. This is reported, not confirmed by a filing, and it concerns the new company rather than the original Human Horizons.

Former owners

Holdings that have ended. They are here because the story needs them and are never part of the current tree.

Human Horizons Group Inc. formerly held HiPhi at 100% from 31 July 2019 until May 2025.
Human Horizons launched HiPhi on 31 July 2019 and owned it outright until the 2024 collapse. It halted production on 18 February 2024 and filed for bankruptcy in early August 2024.

Every holding above this entity, with the stake and the date it began.
Holder	Holds	Kind	Stake	Since
EV Electra Ltd	HiPhi	owns	69.8%	May 2025

Other recorded holdings in HiPhi

Holdings that are not control, kept out of the chain above so that nothing on this page reads as ownership when it is not. A joint venture is a company two parents built together: its percentage is a share of the venture, not a holding in the partner. The same pair can appear twice with different kinds, and both rows are real.

Joint ventures, licences and shareholdings recorded in HiPhi.
Holder	What it is	Share	Since	What the source says
Human Horizons Group Inc.	owns	30.2%	May 2025	Human Horizons retains the minority of the new Jiangsu HiPhi Co Ltd entity alongside EV Electra's 69.8%, as reported in May 2025.

HiPhi: questions people ask

Is HiPhi still in business?: Not as it was. Production stopped in February 2024 and parent Human Horizons filed for bankruptcy that August. A new company, Jiangsu HiPhi Co Ltd, was set up in May 2025 with a Lebanese investor holding 69.8% and a plan to restart the original models; a restart could not be confirmed for this record.
Who owns HiPhi now?: As reported in May 2025, EV Electra — associated with the Lebanese businessman Jihad Mohammad — holds 69.8% of Jiangsu HiPhi Co Ltd, with the original company, Human Horizons, holding 30.2%.
What does HiPhi mean?: It is a coined English name in the manner of 'hi-fi'. The Chinese name is 高合 (Gāohé), 'high' plus 'together'; the parent company is 华人运通, Human Horizons.
Why did HiPhi fail?: It sold small numbers of very expensive cars and ran out of funding. Showrooms closed in January 2024, all production stopped that February, rescue talks including with Changan's Avatr came to nothing, and the company filed for bankruptcy in August 2024.

Sources for HiPhi

Wikipedia, Human Horizons. Read 4 September 2026. Founding, brand launch, models, the 2024 crisis timeline and the August 2024 bankruptcy
CnEVPost, Defunct Chinese EV brand HiPhi reportedly resurrects after change of boss. Read 4 September 2026. EV Electra's US$100m for 69.8% of Jiangsu HiPhi, the Yancheng plant and the restart plan
CnEVPost, HiPhi may have struck restructuring deal with Changan's EV arm Avatr, report says. Read 4 September 2026. The 2024 rescue talks that did not complete
Wikipedia, List of automobile manufacturers of China. Read 4 September 2026. Chinese manufacturer list, including former makers.