Chinese EV maker Human Horizons seeks up to $42m debt to resume production

Chinese EV maker Human Horizons seeks up to $42m debt to resume production

Source: Company website

Chinese electric vehicle maker Human Horizons is seeking debt financing of up to 300 million yuan ($41.78 million) to resume production at its EV plant, as the parent firm of premium EV brand HiPhi has filed for a pre-bankruptcy process.