On March 13th, Red Star Capital Bureau reported that according to the "Team Member Information" on the official website of Xiaopeng Motors (09868. HK/XPEV. US), co founders Xia Heng and He Tao have changed from being members of the "Core Management Team" to "Lifetime Honorary" and no longer hold company positions.
There are currently three core team members of Xiaopeng Motors, namely Chairman and CEO He Xiaopeng, President Wang Fengying, and Vice Chairman and Co President Gu Hongdi.
Prior to this, Xia Heng and He Tao were both members of the core team of Xiaopeng Motors, with Xia Heng as co-founder and co-president, and He Tao as co-founder and senior vice president.
Regarding the rumors that Xia Heng and He Tao have withdrawn from the company, according to reports from The Paper, Xiaopeng Motors responded to the media that co founders Xia Heng and He Tao will continue to support the company's development as lifelong honorary advisors to Xiaopeng Motors.
At this point, Xia Heng, He Tao, and Yang Chunlei, the initial three founders of Xiaopeng Motors, have all withdrawn from the company's core management team.