Morningstar

Magna International Working With GAC Group on Building EVs in Europe

Provided by Dow Jones Nov 21, 2025, 2:15:00 AM

By Katherine Hamilton

Magna International is working with the Chinese automaker Guangzhou Automobile Group Co. to build more electric vehicles in Europe.

GAC Group's SUV Aion V has debuted in Finland, Poland and Portugal, and the company plans to expand into additional European markets, with Magna's help.

The Canadian car parts maker said its Graz facility in Austria can produce internal combustion, hybrid and electric vehicles on shared lines, it said.

The partnership will allow Magna to bring locally assembled EVs to European customers.

Magna is aiming to provide more local production facilities for Chinese automakers eyeing the European market. In September, Magna said it was working with the Chinese car maker Xpeng to assemble two new models for the European market.

Write to Katherine Hamilton at katherine.hamilton@wsj.com

(END) Dow Jones Newswires

November 20, 2025 21:15 ET (02:15 GMT)

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