Xpeng’s vice president suspended amid corruption investigation in supply chain management

Chinese electric vehicle maker Xpeng said its vice president Li Feng has been suspended for an investigation related to corruption, according to a company statement on Tuesday.

Media reports earlier said Li was Xpeng’s head of procurement.

US TREASURY DEPARTMENT TO ALLOW $7,500 ELECTRIC VEHICLE TAX CREDIT AS POINT-OF-SALE REBATE STARTING IN JANUARY

A woman walks past a showroom of Chinese electric vehicle (EV) maker XPeng in Beijing, China, on Feb. 4, 2023.  (REUTERS/Florence Lo/File Photo)

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