Xpeng Inc. is in the early stages of selecting a manufacturing site in the EU to mitigate the impact of import tariffs and localize production.
He Xiaopeng, CEO of Xpeng, emphasized that the company is not deterred by trade tariffs and aims to build capacity amidst rising duties on EV imports.
Xpeng plans to establish a large-scale data center in Europe, vital for enhancing intelligent driving features through efficient software collection.
While profits from European markets may lessen due to increased tariffs, Xpeng's overall strategy remains focused on a global expansion model.
[
Collection
]
[
|
...
]