“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.
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