HiPhi

The HiPhi Z coupe has a starting price of RMB 610,000, with the first production cars rolling off the production line on December 20.

The HiPhi Z with futuristic design is available in five-seat and four-seat versions with starting prices of RMB 610,000 ($88,800) and 630,000 respectively.

The HiPhi Z features a futuristic design and a price tag of up to 800,000 yuan ($119,280).

HiPhi X has accumulated nearly 6,000 deliveries and sold at an average price of nearly RMB 700,000 ($103,950), it said.

In the luxury pure electric vehicle market priced above RMB 500,000, HiPhi achieved a 28 percent market share in the first quarter, it claimed.

That was higher than the 214 units of the Mercedes-Benz EQC, 83 units of the Audi e-tron and 48 units of the BMW iX.

Human Horizons, the owner of the HiPhi brand, announced that it has rolled off the production line for an integrated, large die-cast rear body structure based on a giant 7,200-ton die-casting machine.

HiPhi's only model currently on sale, the HiPhi X, has a starting price of RMB 570,000 ($90,000).

HiPhi argues that the close resemblance between Renault's icon and HiPhi's icon has created some uncertainty about its brand development, and European business expansion plans.

HiPhi's first model, HiPhi X, has seen cumulative sales of 4,237 units since deliveries began in mid-May last year through the end of December.