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Xpeng We Are Coming to Europe to Bring Technology

Xpeng: We Are Coming to Europe to Bring Technology

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)