US tariffs on Chinese EVs hurt green transition: XPeng boss

📆 17/05/2024 03:13 م
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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. 'The tariffs are unfavourable to its own climate and energy transition.

An Xpeng AeroHT X2 Flying Car on display in Hong Kong at the launch of Xpeng vehicles into the city for the first time. Photo: Peter PARKS / AFPJoe Biden

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.

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