Tue Oct 08 23:23:18 UTC 2024: ## Xpeng Considers European Production to Circumvent Anti-China Tariffs

**Chinese electric vehicle manufacturer Xpeng is considering launching production in Europe to circumvent proposed anti-China import tariffs.** The company currently sells its vehicles in 40 countries worldwide but the new tariffs, which have already been ratified by the European Commission, threaten to hinder its expansion plans.

While Xpeng has no immediate plans for new factories in Europe, it is exploring the possibility of contract assembly at existing manufacturing sites. This would allow the company to avoid the tariffs and maintain its competitive edge in the European market.

The move comes as the automotive industry grapples with the increasing cost of imported goods and the rise of protectionist policies. Xpeng’s decision to consider European production highlights the growing pressure on Chinese companies to adapt to these changing global dynamics.

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