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CN Wire

Apr 14 • 4 tweets • 3 min read

He Xiaopeng, Chairman and CEO of XPeng, says production suspension at company's China factories could last through May if supply chain enterprises in Shanghai and its surrounding areas fail to find ways to resume production dynamically.
#XPeng $XPEV #China #EVs

Xpeng's CEO warns that all Chinese vehicle factories may have to stop production in May if supply chain disruption continues.
#FYI: Chinese EV maker NIO announced production pause earlier.
#XPeng $XPEV #China #EVs

Currently, vehicle factories in and surrounding Shanghai suspend production due to strict Civod-related restrictions.

XPeng's He Xiaopeng: The good news is that some ministries and departments are already fully coordinating (on resumption of production). Looking forward to more support and joint efforts from government and related departments.
$NIO $XPEV $LI

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