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المشهد العربي
Source: المشهد العربي
9 Hrsالمشهد العربي
Source: المشهد العربي
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China’s XPeng plans to expand production of its electric vehicles in Europe in preparation for forthcoming EU rules that will require a minimum share of locally sourced components. The company’s vice president, Yicheng Cheng, said current production—handled by Magna under contract in Austria—would not be enough to keep pace with expected growth. XPeng is considering building a new factory or upgrading an existing facility in partnership with a local company. The additional production will focus on mid-range electric vehicles and is expected to begin alongside the rollout of the “Made in Europe” rules. Details of the project are expected to be finalized in the coming months.
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