On February 18, according to market sources, Gaohe Automobile announced at an internal meeting that it would suspend production for six months from now on. Until then, Hi-Hop Auto had been paying its employees normally, but from March 15, only those who remained on the job will receive a basic salary, after which they will be paid according to the minimum wage in Shanghai.
It is reported that another employee of Gaohe revealed that the Gaohe Automobile Factory will not be allowed to enter from now on.
Hiphi is a new luxury smart electric brand released by Human Horizons, which was released in July 2019. At present, there are three models of Hiphi X, Hiphi Z and Hiphi Y, and the price is basically the same as that of Mercedes-Benz cars.
As early as October 2023, there were rumors that Gaohe Automobile (Human Horizons) had carried out large-scale layoffs, with the layoff rate as high as 20%. Many suspected employees of Gaohe Automobile revealed the news of layoffs on the job search platform, and there was even news that the layoff rate in some departments was as high as 50%. This is the first time in the history of the company that such a large-scale layoff has been carried out, but the company was quick to refute the rumors, saying that the rumors were not true.
In January of this year, there were also rumors that Gaohe had suspended all work. In this regard, Gaohe Automobile once again firmly denied it, and said that the company's operation is normal, and all work such as R&D, production, marketing and delivery are progressing normally. Gao He also stressed that these market rumors misled the society** and has reported the case to the public security department.
According to the data, Gaohe Automobile sold 4,237 units in 2021, 4,349 units in 2022, and an average monthly sales volume of 355 units in 2023.