As Chinese car manufacturers enter the European market, the need for localized production is growing. Magna has announced that XPENG, a Chinese smart electric vehicle manufacturer, has selected the company to assemble two new models for the European market.
Serial production of these new smart electric vehicles 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. [Read more…] about Chinese automaker XPENG selects Magna for vehicle assembly