GAC Accelerates European EV Strategy with Magna Vehicle Assembly Program
GAC (MGA) and Magna announced a vehicle assembly program to expand localized electric vehicle production in Europe, dated Nov 21, 2025. Serial production of GAC's electric SUV AION V is now underway at Magna's Graz facility, following the model's five-star Euro NCAP rating.
The collaboration covers assembly, supply and sales, with GAC debuting the AION V in Finland, Poland and Portugal, and plans to expand into more European markets via partnerships and sales networks. Magna's Graz plant can produce ICE, hybrid and EVs on shared lines; Magna notes 125 years of manufacturing experience and >4 million vehicles produced globally.
GAC (MGA) e Magna hanno annunciato un programma di assemblaggio veicoli per espandere la produzione locale di veicoli elettrici in Europa, datato Nov 21, 2025. La produzione in serie del SUV elettrico di GAC AION V è ora in corso presso lo stabilimento di Graz di Magna, a seguito della valutazione cinque stelle Euro NCAP del modello.
La collaborazione copre l'assemblaggio, fornitura e vendite, con GAC che debutta l'AION V in Finlandia, Polonia e Portogallo, e piani di espandersi in altri mercati europei tramite partnership e reti di vendita. Lo stabilimento di Graz di Magna può produrre ICE, ibridi ed EV su linee condivise; Magna segnala 125 anni di esperienza nella produzione e oltre 4 milioni di veicoli prodotti a livello globale.
GAC (MGA) y anunciaron un programa de ensamblaje de vehículos para ampliar la producción local de vehículos eléctricos en Europa, fechado el Nov 21, 2025. La producción en serie del SUV eléctrico de GAC AION V ya está en marcha en la instalación de Graz de Magna, tras la calificación de cinco estrellas Euro NCAP del modelo.
La colaboración cubre el ensamblaje, suministro y ventas, con GAC debutando el AION V en Finlandia, Polonia y Portugal, y planes de expandirse a más mercados europeos mediante asociaciones y redes de venta. La planta de Graz de Magna puede producir ICE, híbridos y EV en líneas compartidas; Magna destaca 125 años de experiencia en fabricación y más de 4 millones de vehículos producidos globalmente.
GAC (MGA)와 Magna는 유럽에서 현지화된 전기차 생산을 확대하기 위한 차량 조립 프로그램을 발표했다. 날짜는 2025년 11월 21일이다. GAC의 전기 SUV AION V의 양산은 이제 Magna의 그라츠 공장에서 진행 중이며, 모델의 유로 NCAP 다섯 성 등급으로 평가되었다.
협력은 조립, 공급 및 판매를 포함하며, GAC는 핀란드, 폴란드 및 포르투갈에서 AION V를 선보이고 파트너십과 판매 네트를 통해 더 많은 유럽 시장으로 확장할 계획이다. Magna의 그라츠 공장은 공유 라인에서 ICE, 하이브리드 및 EV를 생산할 수 있으며, Magna는 제조 경력 125년과 전 세계적으로 400만 대를 넘어선 차량 생산을 자랑한다.
GAC (MGA) et Magna ont annoncé un programme d'assemblage de véhicules pour accroitre la production locale de véhicules électriques en Europe, daté du 21 novembre 2025. La production en série du SUV électrique de GAC AION V est désormais en cours sur l'installation de Magna à Graz, après la note cinq étoiles Euro NCAP du modèle.
La collaboration couvre l'assemblage, l'approvisionnement et les ventes, avec GAC présentant l'AION V en Finlande, Pologne et Portugal, et des plans d'expansion vers d'autres marchés européens via des partenariats et des réseaux de vente. L'usine de Graz de Magna peut produire des ICE, des hybrides et des VE sur des lignes partagées; Magna indique 125 ans d'expérience manufacturière et plus de 4 millions de véhicules produits dans le monde.
GAC (MGA) und Magna kündigten ein Fahrzeug-Montageprogramm an, um die lokale Produktion von Elektrofahrzeugen in Europa zu erweitern, mit Datum 21. November 2025. Die Serienproduktion des elektrischen SUV von GAC AION V läuft nun im Grazer Werk von Magna, nach der Fünf-Sterne Euro NCAP-Bewertung des Modells.
Die Zusammenarbeit umfasst Montage, Lieferung und Vertrieb, wobei GAC den AION V in Finnland, Polen und Portugal einführt und Pläne hat, über Partnerschaften und Vertriebsnetze in weitere europäische Märkte zu expandieren. Das Grazer Werk von Magna kann auf gemeinsamen Linien ICE-, Hybrid- und EV-Fahrzeuge fertigen; Magna vermerkt 125 Jahre Erfahrung in der Fertigung und mehr als 4 Millionen weltweit hergestellten Fahrzeugen.
GAC (MGA) و Magna أعلنتا عن برنامج تجميع مركبات لتوسيع الإنتاج المحلي للمركبات الكهربائية في أوروبا، بتاريخ 21 نوفمبر 2025. بدأ الإنتاج المتسلسل لـ AION V من GAC في مصنع Magna بفينافيا غرّاتس؟ (تصحيح: غرَاتس) في غراتس، عقب تقييم خمس نجوم Euro NCAP للنموذج.
تشمل الشراكة التجميع والتوريد والمبيعات، مع عرض GAC لـ AION V في فنلندا وبولندا والبرتغال، وتخطط للتوسع إلى أسواق أوروبية إضافية عبر الشراكات وشبكات البيع. يمكن لمصنع غراث في Magna إنتاج مركبات ICE وهجينة ومركبات EV على خطوط مشتركة؛ وتذكر Magna خبرة تصنيع تمتد 125 سنة وأكثر من 4 ملايين مركبة منتجة حول العالم.
- Serial production of the AION V started at Magna's Graz facility
- AION V holds a five-star Euro NCAP safety rating
- GAC plans market entry in Finland, Poland and Portugal with expansion plans
- Magna Graz can produce ICE, hybrid and electric vehicles on shared lines
- Magna reports 125 years of manufacturing experience and >4 million vehicles produced
- None.
Insights
GAC and Magna began local European assembly of the AION V, accelerating GAC's EV rollout in Europe.
GAC and Magna have started serial production of the GAC electric SUV AION V at Magna's Graz plant on
Key dependencies include ramp efficiency at Graz, the breadth of the planned service and sales network, and acceptance in initial markets like Finland, Poland and Portugal where the AION V debuted and carries a five‑star Euro NCAP rating. Operational execution and dealer/service scale will determine how quickly localized production converts to sales growth.
Watch manufacturing ramp metrics, rollout into additional European markets, and network buildout over the next 12–24 months for signs of meaningful impact on regional volumes and margins. This collaboration leverages Magna's production capacity and GAC's product, so near‑term milestones (ramp rates and new market entries within
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 and sales, while highlighting Magna’s leadership in vehicle manufacturing. Serial production of GAC’s electric SUV AION V is now underway at Magna’s Graz facility.
“Europe is a vital market in GAC’s global development,” said Wei Haigang, President of GAC INTERNATIONAL. “Partnering with Magna enables us to bring locally assembled electric vehicles to European customers that reflect GAC’s values of smart technology, sustainability and craftsmanship.”
Roland Prettner, President of Magna Complete Vehicles, added: “This collaboration reflects the trust automakers place in Magna’s expertise. Our Graz facility provides flexibility and capacity, allowing OEMs like GAC to localize production efficiently and confidently.”
The AION V, which earned a five-star Euro NCAP rating, debuted in Finland, Poland and Portugal. GAC plans to expand into additional European markets through new partnerships, service and sales networks.
Magna’s Graz operation, known for operational excellence, is capable of producing internal combustion, hybrid and electric vehicles on shared lines. With 125 years of manufacturing experience, Magna has developed 40+ vehicle models and produced over 4 million vehicles worldwide.
Together, GAC and Magna are shaping the future of mobility by combining electrification, design and manufacturing expertise. It underscores both companies’ commitment to quality, reliability and sustainable mobility across Europe and beyond.
About Magna International
Magna 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 performance, safety and quality.
For further information about Magna (NYSE:MGA; TSX:MG), please visit www.magna.com or follow us on social.
About GAC Group
Founded in 1997 and headquartered in Guangzhou, GAC Group has been on the Fortune Global 500 for 13 consecutive years. With comprehensive R&D and manufacturing, and brands including GAC, AION and HYPTEC, GAC is dedicated to intelligent, high-quality, and sustainable mobility.
For further information about GAC Group, please visit: https://www.gacgroup.com/en-eu/ or follow us on social.
Media Contacts
GAC: Joris Steenman │ joris.steenman@gac-international.com │ +31 6 29 33 51 01
Magna: Tracy Fuerst │ tracy.fuerst@magna.com │ +1 248 761 7004
Investor Relations (Magna): Louis Tonelli │ louis.tonelli@magna.com │ +1 905 726 7035
Photos accompanying this announcement are available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/4d2e357f-3908-4f5f-8f0f-5e05c33211ea
https://www.globenewswire.com/NewsRoom/AttachmentNg/3381a98a-2948-419c-91f0-548dbc21eb30
FAQ
What did GAC (MGA) announce about European EV production on Nov 21, 2025?
Where is the AION V being assembled for European markets under MGA's plan?
Which European countries will sell the MGA AION V initially?
How does the AION V score on Euro NCAP safety tests relevant to MGA buyers?
What manufacturing capabilities does Magna's Graz plant offer for MGA's EV program?
What experience does Magna cite that supports the MGA partnership?
