BERLIN – Chinese EV maker Xpeng (NYSE: XPEV) board vice-chairman and co-president Brian Gu said that the carmaker was not planning to sell its cars in Europe to provide a cheap alternative but to bring its technology.
“We are providing products based on what we think is a value proposition of quality, design, and technology. We would love the capability to access the European market,” Gu said, speaking at the Global Dialogue conference in Berlin.
(Source: Reuters)
Jennifer Tacker is a staff writer at ABBO News. She holds a B.A. from the University of Waterloo and a B.Ed from Western University. Jennifer has been active in the stock market and crypto sector for a decade. She specializes in technical analysis and trading strategies.