HiPhi has eliminated some premium features on the new variant of the HiPhi Z, thereby bringing down the starting price significantly.
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HiPhi Z City Version is a luxury EV sedan from China with 672 hp and 535 km of range. HiPhi Z is also available for reservations in Europe.
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The HiPhi Z City Version will get a 90-kWh ternary battery for 535 km of CLTC range. To start from 69,450 USD.
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HiPhi previewed the price hike earlier this month, saying it was because the two long-range versions accounted for a larger-than-expected share of orders.
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HiPhi will raise the starting prices of two long-range versions of its HiPhi Y SUV in September, saying it's because they accounted for a larger-than-expected share of orders.
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The HiPhi Y is HiPhi's key effort to enter the mainstream premium EV market, targeting the segment where the Nio ES6 is present.
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In the past week, the HiPhi Y received 2,000 firm orders and more than 50,000 purchase intentions, a HiPhi executive said.
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How a brand new Chinese EV maker manage to produce 3 new models in two years and sell hundred thousand of them?
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The HiPhi Y, which starts at just RMB 1,000 more than the Nio ES6 but far less than HiPhi's other two models, is trying to get a piece of the mainstream premium EV market.
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HiPhi is a manufacturer focusing on high-end EVs, and the HiPhi Y SUV is the company's cheapest model yet.
The post HiPhi Y electric SUV launched, starting at 47,500 USD appeared first on CarNewsChina.com.