The European Union's potential 36.6% tariffs and the U.S.'s 100% tariffs are unlikely to slow down major Chinese EV manufacturers like BYD and Xpeng, who continue to grow.
Xpeng has garnered attention with its partnership with Volkswagen and the recent launch of the Xpeng Mona M03 entry-level sedan, which has already secured 10,000 orders.
Despite challenges, Chinese EV firms are determined to expand internationally, aiming for half of their sales volume to come from markets outside of China.
While the entry-level Xpeng Mona M03 lacks some high-end features of competitors like the Tesla Model 3, its pricing and specs make it a formidable contender.
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