{"id":76210,"date":"2024-08-27T09:45:40","date_gmt":"2024-08-27T13:45:40","guid":{"rendered":"https:\/\/autosector.com\/?p=76210"},"modified":"2024-08-27T09:45:40","modified_gmt":"2024-08-27T13:45:40","slug":"xpeng-scouting-production-sites-europe-circumvent-imposed-tariffs-chinese-evs","status":"publish","type":"post","link":"http:\/\/autosector.com\/?p=76210","title":{"rendered":"XPeng is scouting production sites in Europe to circumvent imposed tariffs on Chinese EVs"},"content":{"rendered":"
\n\t\"XPeng<\/figure>\n

XPeng Motors appears to be the latest Chinese automaker looking to bring localized EV production to Europe. During a recent interview, XPeng\u2019s<\/a> founder, chairman, and CEO, He Xiaopeng, shared that the company is exploring potential sites in the EU to set up local BEV production.<\/p>\n

<\/p>\n

Now that the European Commission has imposed its initial tariffs on Chinese-built EVs<\/a>, we are seeing some of the response from overseas automakers that appear to not be deterred in their plans for global expansion.<\/p>\n

For example, Chinese automakers like BYD<\/a>, Chery, and ZEEKR have pushed forward in expanding sales in Europe and have begun establishing localized production. One of the BEV leaders in the country, NIO, has committed to new markets in Europe, regardless of any loss of profits due to the tariffs, which currently can go as high as 36.3%.<\/p>\n

XPeng Motors is currently facing a 21.3% tariff on EV imports while its production remains in China. To alleviate that upcharge, the XPeng is leveraging its recent partnership with Volkswagen Group<\/a> and looking to expand vehicle production to a new site in Europe.<\/p>\n

\"XPeng<\/figure>\n

XPeng seeking \u201clow labor risks\u201d for production in Europe<\/h2>\n

In a recent interview with Bloomberg<\/em><\/a>, XPeng founder He Xiaopeng divulged the Chinese automaker\u2019s plans to bring local production to Europe. Per the interview, Xiaopeng said XPeng was already in the initial stages of selecting a site in the EU and is expecting to choose a region with \u201crelatively low labor risks.\u201d<\/p>\n

In addition to a new EV production epicenter in Europe, XPeng is also planning to establish a large-scale data center in the region. It states that efficient software collection has become vital to studying and improving its BEV\u2019s intelligent driving features.<\/p>\n

Xiaopeng shared a sentiment similar to that of his company\u2019s competitors, stating that increased tariffs will not deter Chinese automakers from their global expansion plans. However, he admitted that \u201cprofits from European countries will be reduced after the tariff increase.\u201d<\/p>\n

XPeng has already established a foothold in several European markets, including Denmark, France, Norway, Sweden, and Germany \u2013 where the automaker recently began testing its XNGP ADAS <\/a>ahead of a full planned rollout in Europe.<\/p>\n

Localized production in Europe could help XPeng strengthen its presence in the region and eventually achieve the profit margins it has been chasing for years.<\/p>\n

Whether the EU likes it or not, the Chinese automakers are coming and bringing with them an arsenal of some of the best EV technology out there. Their dedication to their expansion goals is admirable, but with 100% tariffs being imposed in the US and now Canada<\/a>, don\u2019t expect to see these models in North America (at least North of Mexico)<\/a> any time soon.<\/p>\n

\n

FTC: We use income earning auto affiliate links.<\/em> More.<\/a><\/p>\n

\"\"<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"

XPeng Motors appears to be the latest Chinese automaker looking to bring localized EV production to Europe. During a recent interview, XPeng\u2019s founder, chairman, and CEO, He Xiaopeng, shared that the company is exploring potential sites in the EU to set up local BEV production. Now that the European Commission has imposed its initial tariffs […]<\/p>\n","protected":false},"author":1,"featured_media":8313,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[4],"tags":[],"class_list":["post-76210","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-e-cars"],"_links":{"self":[{"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/posts\/76210","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/autosector.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=76210"}],"version-history":[{"count":0,"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/posts\/76210\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/media\/8313"}],"wp:attachment":[{"href":"http:\/\/autosector.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=76210"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/autosector.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=76210"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/autosector.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=76210"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}