Chinese EV maker Xpeng eyes Europe factories after tariffs
Paris (AFP) Oct 15, 2024
Chinese electric car maker Xpeng is looking into opening its own factories in Europe after the EU increased tariffs, and it even hopes to sell flying vehicles in the bloc one day, the company's founder told AFP. Xpeng founder and chief executive He Xiaopeng told AFP in an interview on the sidelines of the Paris auto show that European companies "don't need to worry" about Chinese competitors
Chinese electric car maker Xpeng is looking into opening its own factories in Europe after the EU increased tariffs, and it even hopes to sell flying vehicles in the bloc one day, the company's founder told AFP. Xpeng founder and chief executive He Xiaopeng told AFP in an interview on the sidelines of the Paris auto show that European companies "don't need to worry" about Chinese competitors