Chinese EV maker Xpeng selects Magna to localize production of EVs in Europe
The serial production of these smart electric vehicles is expected to begin in the third-quarter of 2025
Chinese electric carmaker Xpeng has signed a strategic agreement with Magna to localise production of its battery electric vehicles (BEVs) in Europe. As part of the agreement between the two companies, Magna will assemble two new models from Xpeng's portfolio for the European market.
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