Founder Motor warns of risks in Xpeng Motors project

Founder Motor said that although it has obtained a project order from Xiaopeng Motors, the order is only a recognition of the product development and supply qualifications for the designated project, and does not constitute an order or sales contract. The actual supply volume is subject to the formal order or sales contract. At the same time, factors such as new energy vehicle industry policies, the overall situation of the automobile market, and Xiaopeng Motors' adjustment of production plans or demand may affect the production plans and demand of car manufacturers.