XPENG-W Assessing Feasibility of Setting up Manufacturing Capability in Europe

　　In response to the EU's imposition of a temporary tariff on Chinese-made EVs, XPENG-W (09868.HK) -0.850 (-2.711%) Short selling $75.67M; Ratio 12.462% (XPEV.US) said that the Company is actively evaluating the feasibility of establishing local manufacturing capacity in Europe, and is taking appropriate measures to meet market demand.

　　Therefore, all current consumers awaiting deliveries and future customers placing orders before the new tariffs come into effect will be unaffected by any price hikes. The Company is committed to remaining competitive in the market, while minimizing the potential impact on existing and future customers.

　　(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-07-04 16:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)

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