The post China’s Xpeng kicks off first European EV production appeared on BitcoinEthereumNews.com. Xpeng Inc., a Chinese-based electric vehicle manufacturer, has extended its operations in Europe after partnering with Magna Steyr, a contract automobile manufacturer in Graz, Austria. With this collaboration, Xpeng can use Magna’s plant in Graz, situated in southern Austria, to develop its vehicles. Meanwhile, in a recent announcement, the Chinese EV manufacturer made public that it had already produced the first group of G6 and G9 SUVs. By manufacturing cars locally, Xpeng intends to avoid the European Union’s tariffs on Chinese electric vehicles imposed in 2024. As for the extra fee for production from partnering manufacturers, it is set at 20.7%. This could go as high as 35.3% for some other manufacturers. Xpeng applies a smart business strategy in its operations to increase sales There is a growing trend among Chinese EV companies seeking to expand their operations internationally, mainly to find better profits and capture new customers. This move has been triggered by a lengthy price war and surplus supply in their home markets. However, they are still encountering more trade obstacles as they move forward. Manufacturing firms like Xpeng and BYD have decided to establish plants in leading markets such as Europe and Southeast Asia to avoid high tariffs.  Apart from establishing plants in Europe, Xpeng has also developed its own research and development center in Munich. Interestingly, this center demonstrated the capability to host over a dozen Chinese automakers during the recent IAA Mobility show. The R&D center will also accelerate Xpeng’s model production at the Magna factory and broaden its reach in the European market. Considering its smart business strategy, the Chinese-based electric vehicle manufacturer, particularly in Guangzhou, has recently achieved a significant sales rise, with 271,615 electric vehicles delivered. That is in the first eight months of the year 2025. The rise is three times… The post China’s Xpeng kicks off first European EV production appeared on BitcoinEthereumNews.com. Xpeng Inc., a Chinese-based electric vehicle manufacturer, has extended its operations in Europe after partnering with Magna Steyr, a contract automobile manufacturer in Graz, Austria. With this collaboration, Xpeng can use Magna’s plant in Graz, situated in southern Austria, to develop its vehicles. Meanwhile, in a recent announcement, the Chinese EV manufacturer made public that it had already produced the first group of G6 and G9 SUVs. By manufacturing cars locally, Xpeng intends to avoid the European Union’s tariffs on Chinese electric vehicles imposed in 2024. As for the extra fee for production from partnering manufacturers, it is set at 20.7%. This could go as high as 35.3% for some other manufacturers. Xpeng applies a smart business strategy in its operations to increase sales There is a growing trend among Chinese EV companies seeking to expand their operations internationally, mainly to find better profits and capture new customers. This move has been triggered by a lengthy price war and surplus supply in their home markets. However, they are still encountering more trade obstacles as they move forward. Manufacturing firms like Xpeng and BYD have decided to establish plants in leading markets such as Europe and Southeast Asia to avoid high tariffs.  Apart from establishing plants in Europe, Xpeng has also developed its own research and development center in Munich. Interestingly, this center demonstrated the capability to host over a dozen Chinese automakers during the recent IAA Mobility show. The R&D center will also accelerate Xpeng’s model production at the Magna factory and broaden its reach in the European market. Considering its smart business strategy, the Chinese-based electric vehicle manufacturer, particularly in Guangzhou, has recently achieved a significant sales rise, with 271,615 electric vehicles delivered. That is in the first eight months of the year 2025. The rise is three times…