The Shanghai-based company told its employees on Sunday that it was implementing a six-month suspension of its luxury HiPhi brand, effective immediately, according to local financial media outlet Jiemian.
Human Horizons declined to comment when contacted by the Post on Monday.
Two sources with knowledge of the electric car maker’s operations said the company was not able to pay its employees their salaries in January.
The decision to stop assembling its expensive cars priced above…
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