He Xiaopeng Discusses Leveraging Cash Flow to Pressure Suppliers: Profitability Remains Unchanged; True Tech Automotive Firms Don't Rely on It
6 day ago / Read about 0 minute
Author:小编   

In a recent appearance on the program "Liang Shuo," He Xiaopeng, Chairman of XPeng Motors, addressed the regulation stipulating that automakers' payment terms to suppliers should not exceed 60 days. He remarked that following industry meetings and self-regulation, improvements are anticipated in the second half of this year through next year. Previously, multiple automakers had pledged to align their payment terms within 60 days, adhering to the national policy aimed at ensuring the stability of the industrial and supply chains.