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China’s HiPhi Z looks to carve its own niche in a competitive EV market (Feature)
Only the remarkable survive in China’s hyper-competitive electric vehicle sector. Amidst the price war initiated by players like Tesla, analysts have stated that some of the country’s automakers may not survive. HiPhi, a young company that has made some waves in China’s premium segment, intends to be one of the country’s prime carmakers, even after the price war.
It is then pertinent for HiPhi to ensure that its second flagship, the Z, is compelling enough that potential buyers would consider it over more established rivals. This is easier said than done. In the United States, one can see that the number of all-electric cars is steadily increasing. This situation is more pronounced in China, with 155 new battery electric and plug-in hybrid vehicles set to be unveiled this year alone.
HiPhi is headquartered in Shanghai, and the company launched in 2019 with the HiPhi X, an SUV. The X was quite successful, with the China Automotive Technology & Research Center noting that the all-electric SUV was one of the country’s best-selling premium EVs in 2021. The HiPhi Z is the company’s second vehicle, and it comes in the form of a shooting brake that’s available in both four-seat and five-seat configurations.
The Z is a pretty eye-catching car, with its aggressive lines and unashamedly futuristic exterior. But apart from its looks, it also has some bite. It features a total system power of 494 kW and 820 Nm of torque. The vehicle has an official 0-100km/h acceleration time of 3.8 seconds, which may seem underwhelming compared to some popular electric cars like the Model 3 Performance and Model S Plaid. But as per a longtime Tesla owner, the Z has some characteristics that warrant a serious look nonetheless.
Jason Man (known in the online electric vehicle community as Jay in Shanghai), has not only experienced Tesla’s lineup of electric cars. Being a longtime EV advocate, he has also tried out domestic electric vehicles like the NIO ET7, NIO ET5, and the ZEEKR 001. And in a conversation with Teslarati, he remarked that the HiPhi Z still stood out somewhat. It may not be as brutally quick as Tesla’s fastest cars, but it does offer something substantial to those who choose to get behind the wheel of the vehicle.
Jay was fortunate enough to take the Z around the track during the HiPhi Z Track Experience at Goldenport International Circuit in Beijing. Initially, attendees of the event were driven around the track by a professional driver, but they were also given the chance to take the Z around the track for a spin. HiPhi noted that it was still developing a dedicated Track Mode for the Z, but even as is, it was already quite capable around the track.
The longtime Tesla owner told Teslarati that the Z handled very well during its entire track run. It hugged the corners well, and it was surprisingly nimble despite its large size. Surprisingly enough, the Z was actually comfortable even at high speeds. Its ride was not harsh and NVH was also good.
“I was shocked at how well this car handles on the track. Even at the high speed section on the track, I felt fully in control of the car. It was very confident around the corners. I felt that the wider rear tires and active rear-wheel steering helped a lot with the handling, giving me excellent grip when cornering. This gave me the confidence to push the car to the limit,” the longtime EV owner said.
HiPhi has so far sold over 1,000 units of the Z this year, which is quite impressive considering that the vehicle itself sells for a premium at 610,000 yuan ($88,690). This hints that little by little, the company is establishing a presence in the Chinese market.
And just like leaders such as Tesla, it is only just getting its stride. As per the company in a comment to Teslarati, HiPhi’s next project is its most ambitious project yet: a five-seat family SUV called the HiPhi Y. That vehicle is poised to be more affordable, but the EV maker would have to dig deep to compete in that segment. China’s premium SUV segment, after all, is already home to another “Y” — the Tesla Model Y, which is one of the country’s best-selling premium SUVs.
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Lifestyle
Tesla saves its passengers again – This time after a 300-foot cliff fall in Malibu
A Tesla Model 3 fell 300 feet off a Malibu cliff and both passengers survived.
A Tesla Model 3 plunged roughly 300 feet off a cliff on Mulholland Highway in Malibu on Friday morning, May 29, 2026, and both occupants survived. The crash was reported at approximately 7:30 a.m. near the 2500 block of Mulholland Highway, triggering a multi-agency rescue operation involving Malibu Search and Rescue, the Los Angeles County Fire Department, the California Highway Patrol, and McCormick Ambulance.
When first responders arrived, the male driver was outside the vehicle shouting for help while the female passenger remained pinned inside the Tesla. Rescue crews rappelled down the cliffside on ropes to reach the wreckage. A flight medic was lowered by helicopter to begin treating both victims, and the driver was hoisted up to the roadway before crews used the Jaws of Life to free the trapped passenger. Both were airlifted to a local trauma center with moderate injuries despite a remarkable result for a fall that steep.
The outcome is not surprising, considering Model 3 earned an overall 5-star rating from NHTSA in every category and sub-category, and recorded the lowest probability of injury of any car ever evaluated by the U.S. New Car Assessment Program. The absence of a traditional engine in the front of the vehicle creates a longer crumple zone that absorbs impact energy before it reaches occupants, and the battery pack running along the floor gives the car an unusually low center of gravity that reinforces structural rigidity.
This is not the first time a Tesla has kept passengers alive after going off a cliff. A Tesla Model Y carrying a family of four survived a plunge off a cliff at Devil’s Slide near San Francisco in January 2023, with two adults and two children walking away from a 250-foot fall. That incident drew widespread attention to how the structural integrity of Tesla’s electric platform performs in extreme crash scenarios that most vehicles would not survive.
Tesla Model Y driver who drove off cliff with family attempts to avoid criminal conviction
Tesla Full Self-Driving (Supervised) has taken yet another significant step forward in Europe. On May 29, Estonia became the third European Union country to approve the advanced driver-assistance technology, following approvals in the Netherlands and Lithuania.
Tesla Europe announced the news on X, confirming the expansion has continued across the continent that, at one time, seemed to be taking its sweet old time giving any approval to the FSD suite.
FSD Supervised now approved in Estonia🇪🇪. Rollout will begin soon pic.twitter.com/y5a64qlp5m
— Tesla Europe, Middle East & Africa (@teslaeurope) May 29, 2026
Estonia’s Transport Administration (Transpordiamet) granted the approval by recognizing the type certification issued by the Dutch vehicle authority RDW. This mutual recognition mechanism, enabled by EU regulations, allows other member states to fast-track deployment without repeating extensive local testing.
The Estonian authority noted that Tesla’s FSD had undergone rigorous evaluation on European roads for approximately 18 months before the initial Dutch approval in April 2026.
FSD Supervised remains classified as a Level 2 advanced driver-assistance system (ADAS). Drivers must maintain full attention, keep their hands on the wheel, and stay ready to intervene at any moment.
The system assists with tasks such as automatic lane changes, navigation through city streets, and responding to traffic objects, but it does not constitute full autonomy. Estonian officials emphasized this distinction, underscoring that safety responsibility lies entirely with the driver.
The rapid progression across the Baltic region highlights Tesla’s strategic approach to European expansion. The Netherlands provided the foundational type approval in April, unlocking doors for neighboring countries.
Lithuania followed swiftly in mid-May, with rollout beginning shortly thereafter. Estonia’s decision, coming just days later, demonstrates how smaller, digitally progressive nations are accelerating adoption.
Tesla owners in Estonia can expect an over-the-air software update in the coming weeks, bringing the latest FSD capabilities to compatible vehicles
This expansion builds on Tesla’s global momentum. FSD Supervised is now available in 11 countries worldwide, including the United States, Canada, Australia, and South Korea. In Europe, the approvals signal growing regulatory confidence in Tesla’s vision-based AI approach, which relies on cameras and neural networks rather than lidar or radar-heavy alternatives used by some competitors.
For Tesla, these European milestones are more than symbolic. They validate years of data collection and software iteration while opening new revenue streams through FSD subscriptions and purchases.
As the company continues refining its AI models with real-world miles from diverse driving environments, including Estonia’s variable winter conditions, the dataset grows richer, potentially benefiting global users.
Elon Musk has firmly denied recent media reports suggesting that SpaceX has reduced its target valuation for an upcoming initial public offering.
The denial came directly from the SpaceX and Tesla frontman on his social media platform X, where he responded with a single word, “False,” to a post from ZeroHedge that cited Bloomberg sources.
This swift rebuttal underscores Musk’s ongoing effort to manage speculation surrounding one of the most anticipated market debuts in recent history.
False
— Elon Musk (@elonmusk) May 29, 2026
According to the disputed reports, SpaceX had lowered its IPO valuation goal to at least $1.8 trillion from previous ambitions exceeding $2 trillion.
The claims emerged amid growing anticipation for the company’s confidential S-1 filing, which positions it for a potential public listing as early as June.
Some had pointed to strong revenue growth, particularly from the Starlink satellite internet service, which contributed heavily to the firm’s 2025 figures of $18.7 billion. Yet challenges persist in other areas, including substantial investments and losses tied to ambitious projects like Starship development and artificial intelligence initiatives, which plan to make life multiplanetary eventually.
Musk’s response highlights a pattern in which he actively counters what he views as inaccurate portrayals of his companies’ trajectories.
SpaceX, already valued privately at extraordinary levels, stands as a cornerstone of Musk’s empire alongside Tesla and xAI. The entrepreneur has long emphasized the transformative potential of reusable rockets and global broadband access, factors that fuel investor enthusiasm despite operational hurdles.
By rejecting the valuation downgrade narrative, Musk signals confidence in SpaceX’s fundamentals and its readiness for public markets on terms favorable to its long-term vision. People have been waiting a very long time to invest in SpaceX, and the valuation, as well as the introductory share price, is not going to need adjusting.
They’ll have plenty of suitors.
This episode reflects broader dynamics in the technology sector, where rumors often swirl around high-profile entities. Musk’s direct engagement with media narratives serves to maintain transparency and control the narrative around his ventures.
As SpaceX prepares for greater scrutiny in public markets, the founder’s denial reinforces optimism about its prospects. Supporters argue that the company’s innovative edge positions it for enduring success, far beyond short-term valuation debates. With the denial now public, attention turns to forthcoming regulatory filings that could provide clearer insights into SpaceX’s strategy and financial health.
The coming weeks promise to reveal more about how SpaceX will transition into a publicly traded powerhouse.
Tesla saves its passengers again – This time after a 300-foot cliff fall in Malibu
Tesla Full Self-Driving expansion in Europe continues with new addition
