On November 21, GAC Group and Magna jointly announced a vehicle assembly cooperation project aimed at accelerating their electric mobility strategy and expanding localized production of electric vehicles (EVs) in the European market. Currently, GAC’s electric SUV model, the AION V, has entered mass production at Magna’s Graz plant.

Wei Haigang, General Manager of GAC International, stated: “Europe is a key market in GAC Group’s global strategy. Through our partnership with Magna, we can provide European customers with locally assembled EVs that embody GAC’s philosophy of intelligent technology, sustainable development, and craftsmanship.”

Roland Prettner, President of Magna Steyr, commented: “This collaboration with GAC Group reflects customers’ trust in Magna’s expertise. Our Graz plant combines flexibility and production capacity, enabling automakers like GAC to implement localized production efficiently and reliably.

The AION V has achieved a 5-star safety rating from Euro NCAP (European New Car Assessment Programme) and has officially entered the markets of Finland, Poland, and Portugal. Leveraging this collaboration along with a comprehensive service and sales network, GAC Group plans to further expand into more regional markets across Europe. Magna’s production facility in Graz, Austria, renowned for its operational excellence, is capable of assembling internal combustion engine vehicles, hybrid electric vehicles, and battery electric vehicles simultaneously on flexible production lines. With 125 years of automotive expertise, Magna has successfully developed over 40 vehicle models for clients and produced more than 4 million vehicles globally. Through this partnership, GAC Group and Magna combine their strengths in electrification technology, design capabilities, and manufacturing prowess to co-create a new ecosystem for future mobility. This collaboration underscores both parties’ steadfast commitment to quality, reliability, and sustainable transportation in Europe and global markets.