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China s EV Makers Taking Longer to Pay Bills Amid Rising Stress

China s EV Makers Taking Longer to Pay Bills Amid Rising Stress
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Zhu linChunying zhangDanny leeJochen siebertAlvarez marsalHuman horizons group incMinth group ltdNio incElon musk tesla incXpeng incHunan yuneng new energy battery material coTesla incZhejiang based minth group ltd

China s EV makers are having more trouble paying their bills and now take 2 to 3 times longer than Tesla does

Nio was taking around 295 days to clear its receipts payable at the end of 2023 versus 197 days in 2021. Tesla only took around 101 days.

Zhu linAlvarez marsalJochen siebertXpeng incNio incHuman horizons group incElon musk tesla incMinth group ltdHunan yuneng new energy battery material coTesla incZhejiang based minth group ltd