It is learned from media outlet Jiemian, on December 27, a memorandum obtained by the media showed that the organizational structure adjustment of XPeng is still going on. Recently, a new financial platform was established with the intention to improve the refinement level of cost control and the compliance ability of the financial system. At least two XPeng insiders confirmed the authenticity of the memo.
According to the memorandum, XPeng’ newly established financial platform includes financial BP (business partner) department, platform finance department, comprehensive financial team, tax management team, fund management team and special project team.
Under the financial BP department, a BP group has been set up for each business center, including:
The Marketing Service Financial BP Group is responsible for marketing, sales and service departments such as User Development and Service Center, XPeng Automobile Trading Co., Ltd., International Business Center, Marketing Division, and Charging Division;
The R&D and Finance BP group is in charge of technology and product R&D departments such as vehicle projects, powertrain center, autonomous driving center, Internet center, and automotive technology center.
In addition, there are supply chain financial BP group, manufacturing financial BP group and model platform BP group.
For the newly established financial platform, the function assigned by XPeng is to assist the company and its centers in the formulation, decomposition, execution control and improvement of business plans, improve the refinement level of the company’s cost and expense management and control, and meet the requirements of external supervision.
A source pointed out that the emergence of the financial platform means that XPeng CEO He Xiaopeng has begun to take back the management authority on “funds”. “In the past, this authority was in each center, and He Tao was in charge of the supply chain, so he also managed the budget of the supply chain; Chen Yonghai was in charge of the Internet Center, and had the management authority on the corresponding budget.”