Supplier and assembler of electric vehicle (EV) components Magna has announced that XPENG, a Chinese smart electric vehicle manufacturer, has selected the company to assemble two new models for the European market.
Reportedly, the newly awarded programme marks the first complete vehicle assembly with a Chinese OEM out of Magna’s operations in Graz, Austria.
XPENG has expanded its European manufacturing goals in recent years, with the new partnership seeking to localise its operations in Europe.
Serial production of these new smart electric vehicles will begin in Q3 2025, marking the start of a long-term collaboration for future models.
President at Magna Complete Vehicles, Roland Prettner, said: “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.”
