Chinese electric vehicle maker Xpeng Motors is in the early stages of researching where it can build a production facility in the European Union as part of a strategy to reduce future costs caused by tariffs imposed by the European Commission. That’s according to chief executive He Xiaopeng who spoke to Bloomberg on Aug. 22. The comments were made after Brussels announced on Aug. 20 that it will impose five-year import duties on EVs from Chinese automakers, ranging from 17% to 36.3% on top of the existing 10% duty. Cars made by Xpeng are subject to an additional duty rate of 21.3%, as well as those from other producers that were deemed cooperative in the anti-subsidy investigation initiated by the EU watchdog last October. [Bloomberg]