Magna in talks to build Chinese EV in Europe

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Magna in talks to build Chinese EV in Europe
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Contract manufacturer already produces the Fisker Ocean and Jaguar I-Pace EVs at its plant in Austria

Magna Steyr – a division of Magna International – is in talks with a Chinese brand to produce cars in Europe, president Uwe Geissinger has revealed at the 2023Citing extra capacity at the company’s contract manufacturing facility in Graz, Austria, Geissinger

said talks had started with a Chinese brand on the possibility of production there, although he indicated that no firm agreement had yet been made.when asked about the possibility of Chinese EVs being produced in Austria, without revealing the identity of the company.

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