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via uk.finance.yahoo.comBusiness & Companies

'Tesla of China' Xpeng could build cars in Britain as Burnham considers tariffs

FROM THE WIRE · UK.FINANCE.YAHOO.COM

Brian Gu, of Xpeng, next to the company's prototype flying car - AFP via Getty Images/Jade Gao A company nicknamed the "Tesla of China" is considering manufacturing its vehicles in Britain as Andy Burnham mulls tariffs on Beijing's electric car companies. Brian Gu, the…

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralXpeng's possible local production and the tariffs under review for Chinese EVs affect competition in the auto sector.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Xpeng vice-chairman Brian Gu told The Telegraph local manufacturing would be natural if UK sales reach a certain level.
  2. 02Xpeng plans to launch five new luxury vehicles aimed at British buyers.
  3. 03Andy Burnham is considering tariffs on Beijing's electric car companies.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
XPeng Inc.9868.HKStock36.18 HKDMarket closedtoday -5.14%Neutral Tesla, Inc.TSLAStock390.22 USDMarket closedtoday -1.82%Neutral
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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