As Chinese car manufacturers enter the European market, the need for localized production is growing.
A few days ago, Magna announced that XPENG, a Chinese smart electric vehicle (EV) manufacturer, has selected the company to assemble two new models for the European market.
Serial production of these new smart EVs will begin in Q3 2025, marking the start of a long-term collaboration for future models.
For nearly 20 years, Magna has supported Chinese automakers with complete vehicle engineering, and since 2018, with domestic manufacturing and assembly services.
This newly awarded program marks the first complete vehicle assembly with a Chinese OEM out of Magna’s operations in Graz, Austria, aligning with XPENG’s commitment to European localization.
Roland Prettner, President Magna Complete Vehicles, says: “We are thrilled to collaborate with XPENG, marking a significant milestone as our first Chinese OEM partner here in Europe.”
“This partnership underscores our commitment to innovation and flexibility in meeting the evolving needs of the automotive industry. By leveraging our extensive experience and state-of-the-art facilities, we are well-positioned to support XPENG’s ambitious goals for the European market,” he adds.
Magna is a key strategic partner for OEMs that are looking to expand their presence within the region.
With its range of capabilities, including being a world leader in brand independent contract manufacturing, Magna offers comprehensive automotive expertise, flexibility, and experience working with a wide range of OEMs.
Due to this positioning, Magna is able to provide tailored and swift support to automotive manufacturers.
Brian Gu, Vice Chairman and President of XPENG, states: “Our partnership with Magna fits perfectly in our vision and strategy to strengthen our European capabilities. It is a first step in our growth in Europe as we have a long-term commitment to Europe.”
With over 125 years of vehicle manufacturing expertise, Magna has established a global network of partners and suppliers.
The company has developed more than 40 complete vehicles and derivatives and produced more than four million vehicles.
READ MORE
-
Ingeteam sets eMobility expansion in the DACH market and expects to launch MCS by 2026
The company is moving forward with its strategic plan focused on consolidating its presence in major European markets. Juanjo Figueruelo Hernández shares details about current operations, upcoming markets, and reveals insights into its new 1.7 MW charger for heavy-duty fleets.
-
Germany promotes flexible storage use and bidirectional charging with new regulation
For the bidirectional charging, the ruling enables charging points to be treated as storage units within home energy management systems and benefit from the same provisions for grid feed-in that is eligible for support and balancing.
-
Xpeng begins EU EV production with Magna: “A first step in our European growth”
Thanks to its extensive experience and state-of-the-art facilities, Magna is in a prime position to support XPENG’s goals for the European market. When will series production begin?
