“We’re looking at multiple options, ranging from contract manufacturing to working with existing plants, or even thinking about [new] plants,” vice chairman and co-president Brian Gu said in a Bloomberg TV interview.
“But those are still very preliminary.” European Union member states are preparing to vote on Friday on imposing definitive tariffs as high as 45% on imported EVs made in China. It would take a qualified majority — 15 member states representing 65% of the bloc’s population — to block the tariffs.
Disclaimer: The copyright of this article belongs to the original author. Reposting this article is solely for the purpose of information dissemination and does not constitute any investment advice. If there is any infringement, please contact us immediately. We will make corrections or deletions as necessary. Thank you.
