Li Auto Fulfills 60-Day Payment Term Commitment, Concluding Adjustment for Direct Procurement Suppliers
5 day ago / Read about 0 minute
Author:小编   

On July 23, it was announced that Li Auto had revised its payment terms to 60 days for its suppliers. Li Auto confirmed that by mid-July, it had successfully concluded the adjustment of payment terms for all direct procurement suppliers, establishing a contractual payment period of 60 days. Payments are uniformly made twice monthly via wire transfer, with a minor portion handled through bank acceptance. Several suppliers have verified that Li Auto has indeed shifted to a 60-day payment term, accompanied by direct cash payments.