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HiPhi to raise prices of HiPhi Y due to better-than-expected order intake

Monika From Gasgoo| August 24 , 2023 15:50 BJT

Shanghai (Gasgoo)- On August 22, HiPhi, the Chinese luxury electric vehicle brand owned by Human Horizons, unveiled plans to raise the prices for the HiPhi Y long-range and flagship variants due to the better-than-expected order intake for the trims equipped with the 115 kWh battery.

The carmaker stated that the specific extent of the price adjustment will be disclosed on September 1. Concurrently, the purchase privileges for the initial batch of buyers will be concluded by the end of this month.

HiPhi to raise prices of HiPhi Y due to better-than-expected order intake

Photo credit: HiPhi 

The HiPhi Y SUV hit the market on July 15. It offers four trim levels with a price range of 339,000 yuan to 449,000 yuan.

Compared to the HiPhi X, the front face of the HiPhi Y has sharper lines and a more robust appearance. The styling of the headlights on both sides is closer to the sporty style of the HiPhi Z.

The side profile of the vehicle is solid and full, especially the window part, which incorporates elements from the HiPhi Z. With its sleek lines, smoked A/B/C pillars, and slightly sloping roof design, it creates a highly dynamic floating roof effect.

The HiPhi Y measures 4,938mm in length, 1,958mm in width, 1,658mm in height, with a wheelbase of 2,950mm.

The HiPhi Y’s entire series is equipped with the second-generation NT intelligent butterfly doors as standard, bringing a sense of ceremony with its cool stance, while providing a luxurious, elegant, and practical intelligent entry and exit experience. The six electric doors use a new generation of screw motor, along with rain sensors and 24 obstacle sensors, enabling intelligent touchless entry and exit, precise obstacle detection, and avoiding the need to open the butterfly doors on rainy days.

As the third addition to HiPhi's vehicle lineup, HiPhi Y seeks to fill a significant market gap. While its predecessors, HiPhi Z and HiPhi X, commanded prices above 600,000 yuan, the HiPhi Y is positioned down to the 300,000-yuan range, making it the brand’s pivotal product for achieving substantial sales volume.

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