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




close Video Fox News Flash top headlines for October 10 Fox News Flash top headlines are here. Check out what’s clicking on Foxnews.com.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) CLICK HERE TO GET THE FOX NEWS APP “The incident affected a small area and did not affect business and production links,” the statement said. Xpeng has been strengthening supply chain management this year and some supply chain staff have been investigated, the statement added.



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