Revolutionizing the EV Landscape!

In a groundbreaking partnership, Magna International has officially signed a deal to assemble two electric vehicle models for the Chinese automaker Xpeng right in Europe!

Production Kicks Off in 2025!

While the financial details of this exciting collaboration remain under wraps, we know that production is set to ramp up in the third quarter of 2025. This deal marks a significant milestone as it will be the first time a Chinese automaker has its vehicles assembled at Magna's state-of-the-art facility in Graz, Austria.

Xpeng's Bold European Ambitions!

According to Xpeng's president, Brian Gu, this partnership is not just a one-off gig; it’s a strategic move to plant roots in Europe and signifies a long-term commitment to expanding their footprint in the region.

Magna's Global Footprint!

With a staggering network of over 300 manufacturing operations worldwide and more than 100 development, engineering, and sales centers, Magna is set to leverage its extensive expertise to propel Xpeng into the European market. This collaboration could reshape the competitive landscape of the EV sector across the continent!