News•Apr 8, 2026
GAC, Magna Launch EV Assembly Program In Austria To Localize European Production
GAC and Magna have begun serial production of the AION V electric SUV at Magna’s Graz, Austria plant, creating a localized assembly line for Europe. The partnership leverages Magna’s contract‑manufacturing expertise to speed GAC’s market entry and expand its supply, sales and service footprint across the continent. The AION V already holds a five‑star Euro NCAP safety rating and is sold in Finland, Poland and Portugal, with further rollout planned. The initiative underscores the growing reliance on contract manufacturing to meet regional EV demand and regulatory pressures.