US EditionGAC Accelerates European EV Strategy with Magna Vehicle Assembly Program - Magna International (NYSE:MGA)
GAC and Magna begin local production of the five-star Euro NCAP-rated AION V SUV to support electric vehicle expansion across multiple European markets.
- On Nov. 20, 2025, GAC Group and Magna International announced a vehicle assembly program to accelerate electric mobility, with serial production of the AION V electric SUV now underway at Magna’s Graz assembly facility.
- Partnering with Magna International enables GAC Group to locally assemble EVs that reflect its values, while Magna described its Graz assembly facility as flexible and capable for efficient regional production.
- Magna brings experience developing 40+ models and producing over 4 million vehicles worldwide, while the AION V carries a five-star Euro NCAP rating and debuted in Finland, Poland and Portugal.
- Local assembly at Magna’s Graz assembly facility is intended to strengthen regional supply and give OEMs flexibility, while GAC plans to expand into additional European markets through new partnerships.
- Together, GAC and Magna said they are shaping mobility’s future by combining electrification, design and manufacturing expertise, with Prettner noting `This collaboration reflects the trust automakers place in Magna’s expertise.
23 Articles
23 Articles
GAC Accelerates European EV Strategy with Magna Vehicle Assembly Program
About Magna InternationalMagna is one of the world’s largest automotive suppliers and a trusted partner to automakers in the industry’s most critical markets—North America, Europe, and China. With a global team and footprint spanning 28 countries, we bring unmatched scale, trusted reliability, and proven execution. Backed by nearly seven decades of experience, we combine deep manufacturing expertise with innovative vehicle systems to deliver per…
GAC Accelerates European EV Strategy with Magna Vehicle Assembly Program
GUANGZHOU, China and AURORA, Ontario, Nov. 20, 2025 (GLOBE NEWSWIRE) -- Today, GAC and Magna announced a vehicle assembly program to accelerate electric mobility and expand localized EV production in Europe. The collaboration underscores GAC’s regional commitment, extending assembly, supply…
GAC Accelerates European EV Strategy with Magna Vehicle Assembly Program
GUANGZHOU, China and AURORA, Ontario, Nov. 20, 2025 (GLOBE NEWSWIRE) -- Today, GAC and Magna announced a vehicle assembly program to accelerate electric mobility and expand localized EV production in Europe. The collaboration underscores GAC’s regional commitment, extending assembly, supply…
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