Xiaopeng Motors responded to he Xiaopeng and Zeng Yuqun arguing: it is completely a rumor

Today, some media reported that in the middle of this year, Zeng Yuqun, chairman of NINGDE Times, and He Xiaopeng, chairman of Xiaopeng Automobile, had a dispute in the headquarters building of Ningde Times, and at the most intense time, Zeng Yuqun even withdrew from the conference room and calmed down for more than 10 minutes. The quarrel is due to He Xiaopeng's intention to introduce AVIC lithium battery as the new main battery supplier of Xiaopeng Automobile. In response to this matter, Xiaopeng Automobile said, "The quarrel is completely a rumor."

Related reading: The Ningde Era: Cracks in the Trillion Battery Empire

As the "darling" of the capital market, the Ningde era was "hit head-on" today, and once fell by 9% during the session, attracting the lithium battery industry chain and the funds of heavy-duty related stocks to adjust in response.

As of the close of trading on December 24, CATL was down 7.28%.

On the news side, an article titled "Ningde Era: Cracks in the Trillion Battery Empire" was widely circulated in the WeChat circle of friends yesterday. According to 36Kr, in the middle of this year, a dispute occurred in the headquarters building of the Ningde Times, and the two parties were Zeng Yuqun, the founder of the Ningde Times, and He Xiaopeng, the founder of Xiaopeng Motors.

It is understood that Xiaopeng Automobile decided to reduce the supply share of the Ningde era and introduce a new main battery supplier, AVIC Lithium Battery.

At the same time, the article also revealed that before cooperating with Xiaopeng Automobile, AVIC lithium battery has replaced the Ningde era and become the first supplier of GAC new energy vehicles. Some GAC people said bluntly, "Since May 2020, GAC New Energy has not used a NINGDE era battery on its new models. ”

This also triggered a lawsuit in August this year, when CATL sued AVIC Lithium Battery, saying that all of its power battery products were suspected of patent infringement. This lawsuit did not attract much attention at the time, but after the article broke, it immediately attracted a lot of melon-eating crowds to watch.

Up to now, Tesla, Weilai Automobile and Xiaopeng Automobile, which rank in the top three passenger car installed capacity in the Ningde era, have been finalized or are negotiating the introduction of new main battery suppliers. The position of the first market in the Ningde era is precarious.