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China’s Xpeng Signs Additional Protocol with Suppliers to Make Timely Payments · TechNode

Summary by TechNode
Xpeng Motors chief executive He Xiaopeng confirmed on July 12 that the company has discussed additional protocols with suppliers aimed at ensuring payments will reach them within 60 days, in response to regulatory demands. The Chinese electric vehicle maker has sent letters to some suppliers over the past week, saying it would start signing supplementary agreements with them to reduce payment cycles to less than 60 days, as reported by Chinese m…

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newmobility.news broke the news in on Monday, July 14, 2025.
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