The head of Xpeng Motors' purchasing department and several employees were suspended. The company responded: normal anti-corruption will not affect production.

According to news on October 11, recently, it was reported that Xpeng Motors announced internally that the head of the purchasing department, Li Feng, was suspended, and many employees cooperated with the investigation. This incident involves Xpeng Motors’ internal supply chain anti-corruption, involving multiple levels and even involving the police. In response, Xpeng Motors said,The actions taken by the company are normal anti-corruption actions and this incident will not have an impact on business, production and other links.

Public information shows that at the end of 2022, Xpeng announced adjustments to its supply chain business department, merging the original supply chain services department, marketing services procurement department and parts procurement department into the procurement department, which will be headed by Li Feng, vice president of Xpeng Motors. This adjustment aims to improve the refined level of cost and expense control and the compliance capabilities of the financial system, so as to reduce costs and increase efficiency.

It is reported that Li Feng was the vice president of Xpeng Motors before he was suspended and was responsible for the company’s purchasing department. According to official news from Xpeng Motors, on May 25, Li Feng also participated in the Xpeng Motors Global Partner Conference for the supply chain with He Xiaopeng, Chairman and CEO of Xpeng Motors, and Wang Fengying, President of Xpeng Motors.

Although the specific causes and consequences have not yet been made public,However, industry insiders analyze that this should be the aftermath of the major failure of Xpeng G9’s first launch.