Industry dynamics

Premium Chinese EV brand HiPhi sells 355 units in Feb, down 35% from Jan

Publishtime:1970-01-01 08:00:00 Views:25

That was higher than the 214 units of the Mercedes-Benz EQC, 83 units of the Audi e-tron and 48 units of the BMW iX.

Local Chinese premium electric vehicle (EV) brand HiPhi sold 355 HiPhi X units in February, the only model it currently sells, down 35 percent from 550 units in January, according to data released today by the company.

HiPhi, a brand owned by Human Horizons, launched HiPhi X in October 2020, with deliveries of the model starting in May 2021.

To date HiPhi has delivered a total of 5,142 HiPhi X vehicles to customers, with an average sales price of nearly RMB 700,000, the company said.

The HiPhi X starts at RMB 570,000 ($90,000) for the six-seat version and up to RMB 800,000 for the four-seat version.

A ranking of luxury EV sales priced at more than RMB 500,000 in February, released today by several local automotive media outlets, shows the HiPhi X at the top. The list is based on insurance registration data.

The Mercedes-Benz EQC is in second place with 214 units, the Mercedes-Benz EQS is in third place with 156 units, and the Hongqi E-HS9 is in fourth place with 151 units.

From fifth to seventh place are Porsche Taycan with 83 units, Audi e-tron with 83 units and BMW iX with 48 units.

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