Chinese electric vehicle manufacturers Xpeng and Li Auto are shifting their focus to the Middle East and Central Asia to mitigate the impact of severe tariffs imposed by the United States.

President Joe Biden's administration announced a 100% punitive tariff on Chinese-made electric cars to curb imports.

Domestically, these companies face a fiercely competitive market with price cuts.

The European Union is also considering tariffs to protect its producers from cheaper Chinese EVs. Despite these challenges, Xpeng and Li Auto remain optimistic about increasing their deliveries compared to the previous quarter.