2023.12.06
On November 15, 2023, HiPhi announced the official debut of its first co-branded product HiPhi A, a new luxury pure electric supercar model. It was co-designed and co-developed by WESail New Energy Automotive Co., Ltd. (“WESail”) and HiPhi, and was unveiled at the 21st Guangzhou International Automobile Exhibition. The model has a highly intelligent and high-performance powertrain and will, for the first time, apply high-performance aluminum alloy, nano ceramic and other materials in large volumes to production cars. The launch of this co-branded model attracted great attention from the industry and the public.
JunHe acted as the legal counsel to WESail and provided professional legal services for the joint development of the HiPhi A model. These services included reviewing and revising the preliminary documents on the proposed cooperation and the cooperation agreement for the implementation of the project, assisting with the negotiation and finalization of the cooperation agreement, and providing professional and practical legal analysis and advice on legal issues related to the automobile industry, state-owned assets supervision, trade compliance, taxation and other aspects involved in the course of the cooperation.
The project involved legal issues across fields such as automobile policies, state-owned assets supervision, intellectual property cooperation, trade compliance and taxation, all of which relied on JunHe’s expertise, in-depth understanding of the industry, coordination skills and detail-oriented services. The JunHe team assisted the client in entering into the agreement and won high praise for its rich experience in similar projects, outstanding teamwork, and professionalism at work.
The JunHe team was led by partner ZHENG, Yu. JunHe partners CAI, Juanqi (Jessica), ZHAO, Tingting and ZHANG, Qing (Atlas) provided great support in respect of the trade compliance and taxation issues involved in the project.
