Xpeng Motors Co-Founder Xia Heng Stepped Down as Executive Director and Manager
Xia Heng, has resigned as Xpeng's executive director and manager again on March 16, replaced by He Xiaopeng, sources said. Earlier this month, Xpeng (9868:HK) has denied rumors that two of the Chinese new energy vehicle’s co-founders would be impacted by the recent string of departures by senior executives. Data from Qcc.com (Chinese: 企查查) shows that since 2023, Xia Heng has stepped down from many key positions in Xpeng affiliated companies.
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