Magna to assemble EVs for Chinese automaker Xpeng in Europe - The Globe and Mail

According to recent reports, Magna has secured a deal to assemble electric vehicles for Chinese automaker Xpeng in Europe. This partnership marks a significant step for Xpeng as it expands its presence in the European market. The collaboration with Magna is expected to enhance Xpeng's manufacturing capabilities and help meet the rising demand for electric vehicles in the region. Analysts are optimistic about the potential growth opportunities for Xpeng with this new partnership.