April 25 (Reuters) - XPeng Inc :
* XPENG CO-PRESIDENT, ASKED ABOUT EUROPEAN EV PROBE, SAID NOW EXPORTING SMALL AMOUNTS TO EUROPE BUT MAY ONE DAY HAVE TO INVEST IN MANUFACTURING AND SUPPLY CHAIN ABROAD
* XPENG CO-PRESIDENT: EXPECTS VW RELATIONSHIP TO GROW, MAYBE EXPANDING INTO OTHER AREAS INCLUDING POSSIBLY OUTSIDE CHINA
* XPENG CO-PRESIDENT: SEES U.S. AS AN IMPORTANT MARKET, LONG TERM OBJECTIVE
* XPENG CO-PRESIDENT: BUT U.S. IS A CHALLENGING ENVIRONMENT, WILL TAKE TIME FOR US TO DEVISE A BOLD ENTRY STRATEGY
* XPENG CO-PRESIDENT: STILL CONFIDENT TO REACH PROFITABILITY BY THE END OF NEXT YEAR
* XPENG CO-PRESIDENT: WE WANT INTERNATIONAL BUSINESS TO MAKE UP A LARGER PORTION OF OVERALL SALES, COULD GROW TO 10% THIS YEAR
Further company coverage:
(Reporting by Sarah Wu)
((brenda.goh@thomsonreuters.com;))
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