Xpeng will produce a fourth model at Magna Steyr's Austrian plant in Graz
This local production strategy strengthens Xpeng’s positioning in an increasingly demanding and competitive European market.
Electric cars use a battery as their source of propulsion to move. This movement can be assisted by a combustion engine (hybrid HEV and plug-in hybrid PHEV) or powered solely by the battery (100% electric EV).
2020 is set to be the year of electric vehicles, when all brands will present their electric products and mark the start of the transition to the electric era, driven by brands’ commitment, growing social awareness of climate change, and regulations from city councils and governments that increasingly restrict the most polluting vehicles.
This local production strategy strengthens Xpeng’s positioning in an increasingly demanding and competitive European market.
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