Medical and Hospital News
CAR TECH
US tariffs on Chinese EVs hurt green transition XPeng boss
US tariffs on Chinese EVs hurt green transition XPeng boss
by AFP Staff Writers
Hong Kong (AFP) May 17, 2024

The president of Chinese electric vehicle maker XPeng on Friday criticised the fresh tariffs on Chinese cars imposed by Washington as "unfavourable" for the United States' energy transition.

US President Joe Biden announced earlier this week the quadrupling of customs duties on Chinese electric cars to 100 percent, which China slammed as politicising an economic issue and a breach of World Trade Organisation rules.

XPeng president and vice-chairman Brian Gu said at an event in Hong Kong on Friday that the levies will lead to "higher costs and slower product iteration", hampering the US's green energy ambitions.

"For an auto market as important and large as the US, they would want to have carbon-neutral, green energy transition," Gu told reporters. "The tariffs are unfavourable to its own climate and energy transition."

"I hope one day it can become more open, so that products all over the world can compete there."

XPeng - which sold more than 140,000 cars last year - is not directly impacted by the tariffs as it does not sell in the US, he added.

Gu's comments came a day after XPeng announced its launch in France and Germany, with plans to expand to the United Kingdom, Spain and Italy before the end of 2024.

Asked if he was concerned that the European Union will mirror American tariffs, Gu told AFP that XPeng would press ahead with its global strategy and not be limited as a China-only EV manufacturer.

Europe's anti-subsidy investigation into Chinese EVs had "gone on for some time" but there is "nothing conclusive", he said.

Founded in 2014, the Guangzhou-headquartered EV manufacturer said on Thursday it will market its premium SUV models in France, with prices starting at $65,200.

The company's senior product planning expert Alan Ma, said XPeng plans to introduce smaller SUVs to the French market in future.

"In France, we can see that smaller cars are more popular... We will fully consider the needs of the French market and bring in smaller models to suit French buyers," Ma told AFP.

hol/sn

XPENG

Related Links
Car Technology at SpaceMart.com

Subscribe Free To Our Daily Newsletters
Tweet

RELATED CONTENT
The following news reports may link to other Space Media Network websites.
CAR TECH
Early retirement of old vehicles will not significantly reduce emissions
Los Angeles CA (SPX) May 16, 2024
A new study published in Environmental Research: Infrastructure and Sustainability reveals that lifespan caps for passenger vehicles have minimal impact on reducing greenhouse gas (GHG) emissions and may increase costs and material use. Although light-duty vehicles (LDVs) contribute 17% to the annual GHG emissions in the United States, a 15-year lifespan cap on these fleets under a business-as-usual scenario will not result in significant GHG emission reductions. The study highlights that lifespan ... read more

CAR TECH
Brazil mayor's mammoth task: rebuild from floods, prevent more

Mumbai billboard owner arrested after deadly collapse: reports

US military sees 500 tons of aid soon into Gaza via pier

EU urges Big Tech to be 'vigilant' after Slovak PM shooting

CAR TECH
Space Tech Firm Xona Secures $19M for Enhanced Satellite Navigation Network

Magic Lane secures 3 million euro to enhance location intelligence capabilities

China Encourages BeiDou System Integration in Electric Bicycles

Estonia summons Russian envoy over GPS jamming

CAR TECH
Amazonian chief at UN to combat traditional knowledge piracy

In US national parks, a historical wound begins to heal

A fragment of human brain, mapped

Early infant vision shaped by high-contrast visual inputs

CAR TECH
Illegal wildlife trafficking persistently pervasive: UN

Finland grants permits to hunt protected eagle

Identity crisis: Climate destroying wonders that gave US parks their names

Researchers delve into the brain's translation of sounds into actions

CAR TECH
Hotter, drier, sicker? How a changing planet drives disease

Latin America, Caribbean set for record dengue season

US conspiracy theorists monetize 'Disease X' misinformation

CAR TECH
Beijing says Taiwan politics don't change 'fact' there is 'one China'

Hong Kong demands online platforms remove banned protest song

China hospital attack leaves two dead, 21 wounded

Australia's former top diplomat to sue N. Zealand FM over China barb

CAR TECH
Jordan says foils foreign state-backed arms smuggling

Colombian rebels holding Amazon hostage in peace talks

Hong Kong customs makes largest-ever gold smuggling bust

Indian navy says intercepted hijacked vessel near Somalia

CAR TECH
Subscribe Free To Our Daily Newsletters




The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.