After the closing of the Chinese factory, the number of HiPhi cars available in Russia is limited to about six months of supply. A report from socialbites.ca cites AGR Automotive Group, the distributor responsible for bringing these premium electric vehicles into the Russian market, as the source of this information. The current stock of HiPhi models at Premium Electro dealers, operated by AGR LLC, is projected to cover sales for roughly five to six months. Beyond that window, industry observers expect production decisions to hinge on broader market conditions and the potential for renewed manufacturing activity in the future. In such a scenario, the company would likely reassess its strategy and may choose to continue working with the HiPhi brand if the commercial outlook remains favorable. This reflects a cautious approach typical of premium EV imports when factory output is paused or uncertain. Source: AGR Automotive Group.
The premium HiPhi line, which has gained some traction among Russian buyers seeking high-end electric mobility, has faced a halt at its sole factory in Yancheng, a city located to the north of Shanghai. The stoppage is tied to financial difficulties affecting the Chinese manufacturer, and concerns about the company’s stability began to surface in early 2024. The situation prompted closer monitoring by distributors and dealers who rely on a steady supply to meet regional demand. Source: AGR Automotive Group.
An internal memo, obtained by journalists, was circulated to HiPhi employees via the WeChat messaging platform. The document confirms that the plant entered a six-month production shutdown starting on February 18, with entry to the facilities restricted for staff during that period. Such communications underscore the seriousness of the disruption and the steps being taken to manage workforce and production scheduling in the face of financial strain. Source: AGR Automotive Group.
Despite the current pause, there is a broader context in which several Chinese brands have experienced hesitation among Russian consumers. Market dynamics, currency considerations, and evolving consumer preferences have all played roles in shaping demand for premium electric vehicles. Observers note that, even with a temporary halt in manufacturing, the overall interest in high-end EVs remains steady among a subset of buyers who value performance, design, and advanced technology. The near-term outlook suggests a potential rebound should production resume and distributors confirm continued support from automakers. Source: AGR Automotive Group.