AAA weekly

2022-05-05

Human Horizons Launches Luxury BEV in the Chinese Market

Human Horizons Holdings Co., Ltd. is an emerging Chinese BEV manufacturer founded in August 2017 by Ding Lei, formerly General Manager of Shanghai GM (now SAIC GM). Apart from the development and sales of BEVs and related components, Human Horizons is engaged in the connected transportation technology field. The company aims to realize a three-step comprehensive mobility solution, consisting of smart vehicles, smart transportation and smart cities.

As of April 2022, Human Horizons’ first and only model in the Chinese market was the HiPhi X large SUV. The model has an entry price of 570,000 CNY, making the priciest Chinese BEV in the Chinese luxury BEV market.

Human Horizons: Company Overview and History (As of April 2022)

Company Overview

Company name: Human Horizons Holdings Co., Ltd.
Human Horizons logo
Website: www.human-horizons.com
Brand: HiPhi
Established: August 2017
Legal rep.: Founder, chairman and CEO Ding Lei, also known as David Ding
Headquarters: Shanghai (scheduled to be transferred to Qingdao, Shandong province)
Capital: 250 million CNY
Ownership: Shanghai Zejuehui Business Management Partnership 20%, Shanzhihe (Shanghai) Business Consulting 20%, etc.
Business Scope: R&D and sales of NEVs and related components, R&D of connected transportation technology, and more. Aims to realize a three-step comprehensive mobility solution, consisting of smart vehicles, smart transportation and smart cities.

Company History

・Aug. 2017: Human Horizons was established. ・Dec. 2017: Set up a joint venture, Human Horizons (Jiangsu) Technology, with Jiangsu Yueda Group. ・Jan. 2018: Launched the V-Platform and HiPhi X projects. ・Aug. 2018: Began operations of a technical development center in Shanghai. ・Jan. 2019: Began trial operation of the road-vehicle coordinated self- driving project in Yancheng, Jiangsu province. ・Jun. 2019: Signed a manufacturing cooperation agreement with Jiangsu Yueda Group and Dongfeng Yueda Kia Motor. ・Jul. 2019: Unveiled the HiPhi brand and its first model the HiPhi X. Set up a company in Tokyo, Japan. ・Mar. 2020: Named former Bugatti designer Camilla Kropp chief designer. ・Sep. 2020: Completed development of Level 4 Automated Valet Parking (AVP) system subsequently introduced to the HiPhi X. ・May 2021: Began delivery of the six-seater HiPhi X. ・Aug. 2021: Launched the four-seater HiPhi X. ・Nov. 2021: Unveiled its second model the HiPhi Z. ・Mar. 2022: Launched the HiPhi X with luxury specifications. (Created using Human Horizons’ PR materials and various media sources)
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