China and the country's electric vehicle makers are eyeing Hong Kong as a testing ground for its globalization efforts amid difficulties with the US and the European Union, the South China Morning Post reported.
Hong Kong's role as a global financial hub is an advantage for the industry, acting as a "two-way gateway for Chinese electric car makers to launch overseas and bring in new technologies, according to the Nov. 28 report, citing the China Association of Automobile Manufacturers.
XPeng (HKG:9868) is among those using Hong Kong as its international launchpad. It opened its flagship store in the city in July and offered right-hand drive units in November, the report said.
Geely's (HKG:0175) Zeekr brand launched the 009 six-seater pure electric vehicle in July, the report said.
BYD (SHE:002594, HKG:1211), Li Auto (HKG:2015), and NIO (HKG:9866, SGX:NIO) are also among China's top electric vehicle makers, the filing said.
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