Xpeng Looking To Set Up A Manufacturing Site In Europe To Lessen The Impact Of Import Tariffs. CEO He Xiaopeng Says Co In The Initial Stages Of Selecting A Site In The EU And Expects To Build Capacity In Areas With "Relatively Low Labor Risks". Co Plans To Set Up A Large-Scale Data Center In Europe To Support Intelligent Driving Features, Says Plans To Go Global Are Not Going To Be Impacted By Higher Levies, Some "Profits From European Countries Will Be Reduced After The Tariff Increase"
Author: Benzinga Newsdesk | August 27, 2024 11:23am