Electromobility Magna Will Manufacture Two EVs From Xpeng Starting in the Third Quarter

From Stefanie Eckardt | Translated by AI 1 min Reading Time

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Xpeng has chosen Magna for the assembly of two electric vehicles for the European market. The mass production of the EVs is set to begin in the third quarter of 2025 and likely marks the start of a long-term collaboration.

Xpeng has chosen Magna for the assembly of two electric vehicles for the European market.(Image: Peter Reiter Photography)
Xpeng has chosen Magna for the assembly of two electric vehicles for the European market.
(Image: Peter Reiter Photography)

With the entry of Chinese automakers into the European market, the demand for local production is growing. The Chinese manufacturer Xpeng has chosen Magna for the assembly of two new models for the European market, as the company announced. The series production of the vehicles is targeted for the third quarter of 2025. This marks the first vehicle assembly for a Chinese automaker at Magna's facility in Graz, Austria, and aligns with Xpeng's commitment to localization in Europe.

Hand in hand

Magna views itself as an important strategic partner for automakers looking to expand their presence in the region. With a range of services that includes brand-independent contract manufacturing, Magna offers automotive expertise, flexibility, and experience in working with various manufacturers. "We are very excited about the collaboration with Xpeng – a significant milestone, as it is our first Chinese OEM partner here in Europe," said Roland Prettner, President of Magna Complete Vehicles. "This partnership underscores our commitment to innovation and flexibility in meeting the evolving demands of the automotive industry. With our extensive experience and state-of-the-art production facilities, we are well-equipped to support Xpeng's ambitious goals for the European market."

"Our partnership with Magna fits perfectly with our vision and strategy to strengthen our capabilities in Europe," said Brian Gu, Vice Chairman and President of XPENG. "This is a first step for our growth in Europe, as we are committed to Europe in the long term."

Magna boasts over 125 years in vehicle manufacturing and has built a global network of partners and suppliers during that time. The company has developed more than 40 complete vehicles and derivatives and produced over 4 million vehicles. (se)

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