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On the evening of June 11, during the unveiling ceremony of the Xpeng G7, He Xiaopeng, Chairman of Xpeng Motors, addressed the issue of "making payments to suppliers within 60 days." He revealed that Xpeng had a comparatively lengthy payment period in the first half of last year but significantly shortened it in the second half. Furthermore, in the first quarter of this year, the payment period was shortened even more, aligning with the goal of adhering to 60-day payments. He Xiaopeng also noted that a total of 17 automakers have announced a 60-day payment policy, which is advantageous for the entire industry and its users. He expressed his aspiration for this practice to be implemented as swiftly as possible and urged all parties involved not only to take action but also to expedite the process.
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