Asia Tech Wire (July 5) -- Chinese electric car maker Xpeng Inc. (9868.HK) said the company is considering setting up manufacturing capacity in Europe.

The European Commission announced that it will impose provisional anti-subsidy duties ranging from 17.4% to 37.6% from July 5 on imports of battery electric vehicles from China.

In response, Xpeng said the company is actively evaluating the feasibility of establishing local manufacturing capacity in Europe and taking appropriate measures to meet market demand.

It emphasized that all current consumers waiting for deliveries, and future customers placing orders before the new tariffs come into effect, will not be affected by any price increases.

"The company is working to remain competitive in the market while minimizing the potential impact on current and future customers," Xpeng said.

Xpeng officially entered the German market in March and the French market in May, with future plans to enter other European markets including Italy and the UK.