Local Production and Supply Chain Development
Xpeng's commitment to local production and supply chain development is seen as a key strategy for the company's success in Europe. The company has established a network of local suppliers and manufacturers, which enables it to reduce its dependence on Chinese suppliers and mitigate the impact of tariffs.
Xpeng's executive stated that the company is committed to continuing its investment in local production and supply chain development, which will enable it to better serve European customers and reduce its reliance on Chinese suppliers.