XPeng Motors' Plan to Produce in Europe and Build a Data Center

TapTechNews August 27th news, Bloomberg released a blog post today (August 27th), stating that they interviewed He Xiaopeng in Guangzhou last Thursday. He said in the interview that XPeng Motors is seeking to reduce the impact of import tariffs by manufacturing cars in Europe.

He Xiaopeng said that building a factory in Europe is part of the future local production plan. Currently, the site selection in the EU is in the initial stage, and the company expects to establish production capacity in an area with a'relatively low labor risk'.

He Xiaopeng also said that efficient software collection has become the key to the intelligent driving function of the car. XPeng Motors also plans to establish a large data center in Europe.

He Xiaopeng insisted that although'some profits from European countries will decrease after the tariff increase', XPeng Motors' big plan of 'going global' will not be affected by the tariff increase.

TapTechNews reported in July that XPeng Motors responded to the EU's electric vehicle tariff measures, stating that the company is actively evaluating the feasibility of establishing local manufacturing capabilities in Europe and taking appropriate measures to meet market demand. All current consumers waiting for delivery and future customers who place orders before the new tariff takes effect will not be affected by any price increase.