XPEV - What's Going On With XPeng Stock On Friday? | Benzinga
XPeng Inc. (NYSE:XPEV) shares are trading lower in the premarket session on Friday.
The company reportedly expressed concerns that new U.S. tariffs on Chinese EVs could impede progress toward carbon neutrality and the green energy transition, Reuters reported.
“It will result in higher costs,” Xpeng co-President Brian Gu told media in Hong Kong where the company launched two EV models, Reuters added.
“This has no impact on Xpeng Motors at the moment, but for such a large market as a whole, I hope that in the future it can become more open, allowing global products to enter and compete,” the report ...