By Dean Seal
--The Chinese automaker Xpeng has suspended its vice president in charge of supply chains for a corruption probe, according to a report from CNBC.
--The VP, Li Feng, oversaw procurement at the electric-vehicle maker, CNBC said.
--"Xpeng has a strict stance against corrupt activities," a spokesperson for the company told CNBC. "We remain vigilant in identifying and rectifying any instances of corruption promptly."
Full story: https://www.cnbc.com/2023/10/10/chinese-ev-maker-xpeng-suspends-supply-chain-vp-after-corruption-probe.html
Write to Dean Seal at dean.seal@wsj.com
(END) Dow Jones Newswires
10-10-23 0801ET