He Xiaopeng Addresses Car Manufacturers' Payment Terms: Predicts Industry-Wide Improvement by Late 2023
1 day ago / Read about 0 minute
Author:小编   

In an interview on June 30, He Xiaopeng, Chairman and CEO of XPeng Inc. (09868.HK), offered his insights following industry discussions and self-regulatory efforts. He anticipates a positive shift in the sector, expecting improvements to materialize from the second half of this year through to next year. Xiaopeng emphasized that technological enterprises ought not to exploit cash flow to delay supplier payments for profit, even if the delay stretches to three months. He underscored the importance of large, influential tech enterprises embodying a heightened sense of social responsibility, believing this to be pivotal in steering the industry towards a more favorable trajectory.