China goes all in: Xpeng plans European EV manufacturing expansion
The company is in the early stages of choosing a production site within the EU.
This edition of The Mobility Week in Review explores a range of exciting developments: another Chinese brand’s plans to begin manufacturing cars in Europe, the significant rise in kilometers traveled by electric vehicles in Norway, a new overnight rail route spanning Europe from north to south, the slowdown in PowerCo’s battery plant expansion plans, and the latest milestones achieved by Waymo’s autonomous taxis.
Let’s dive in without further delay…
🇨🇳 Xpeng searches for a site to launch manufacturing plant in the EU
Xpeng’s CEO, He Xiaopeng, shared with Bloomberg that the company is in the early stages of selecting a production site in the EU and is also planning to establish a large data center in Europe. Although the exact location remains undecided, He Xiaopeng mentioned that the company is focusing on regions with “relatively low labor risks.”