Search

Saved articles

You have not yet added any article to your bookmarks!

Newsletter image

Subscribe to the Newsletter

Join 10k+ people to get notified about new posts, news and tips.

Do not worry we don't spam!

GAC to Build AION V EV in Austria to Bypass EU Tariffs

GAC to Build AION V EV in Austria to Bypass EU Tariffs

Post by : Badri Ariffin

China’s Guangzhou Automobile Group (GAC) has taken a major step toward expanding its presence in Europe by confirming that its electric AION V model will be built in Austria. Production will take place at Magna’s well-known Graz facility, a site already used for gasoline, hybrid and electric vehicles, allowing GAC to directly supply the European market without relying on China-based manufacturing.

The move comes at a crucial time. The European Union last year imposed provisional tariffs of up to 37.6% on electric vehicles imported from China, citing concerns about subsidies and the growing volume of EV shipments. By shifting production to Europe, GAC positions itself to avoid these added costs and remain competitive as demand for EVs rises across the region.

Magna’s Graz plant has long served as a contract manufacturing hub for international automakers, and its flexible production lines allow multiple vehicle types to be made side by side. The partnership also follows Magna’s earlier announcement that it will produce battery-powered models for XPeng at the same facility, further strengthening Graz’s role as a key EV assembly center.

With the AION V set to roll out from Austria, GAC gains a strategic foothold in Europe’s automotive landscape, signaling a broader wave of Chinese EV makers looking to localize operations in response to shifting trade policies.

Nov. 21, 2025 10:26 a.m. 711

#Business News

Cockroach Janta Party Leads Protests Over India Voter Roll Changes
Oct. 3, 2026 11:09 a.m.
Cockroach Janta Party protests voter roll changes in India as demonstrators demand action over alleged voter deletions and police detentions
Read More
Flydubai Attack Suspect Was Previously Barred From Flying in Oman
Oct. 3, 2026 10:39 a.m.
Flydubai co-pilot accused of attacking the captain was reportedly barred from flying in Oman over concerns about extremist views
Read More
Trump Rules Out US Diesel Export Ban After Europe Agrees to Release Reserves
Oct. 3, 2026 10:20 a.m.
President Donald Trump rules out a US diesel export ban after Europe agrees to release fuel reserves as G7 nations act to ease energy market pressure
Read More
Singapore Air Quality Turns Unhealthy in Central Region as Haze Persists
Oct. 3, 2026 10:07 a.m.
Singapore haze worsens as PSI reaches 104 in the central region, while PM2.5 remains elevated in central and eastern areas amid dry weather
Read More
PM Modi Pays Tribute to Mahatma Gandhi, Urges People to Support Khadi
Oct. 2, 2026 11:41 a.m.
PM Modi pays tribute to Mahatma Gandhi on Gandhi Jayanti and urges citizens to support Khadi and the Swadeshi spirit
Read More
Warrant Issued for One of Eight Accused in Palestinian Kidnapping Case
Oct. 2, 2026 11:11 a.m.
Court issues an arrest warrant after one accused in the Palestinian kidnapping case could not be located despite efforts by authorities
Read More
Japan Says Economy No Longer Needs Excessively Loose Monetary Policy
Oct. 2, 2026 10:37 a.m.
Japan says it no longer needs excessively loose monetary policy as inflation pressures persist and the BOJ weighs its next rate move
Read More
Amazon Seeks to Offload $8 Billion in Nvidia Chips to Investors
Oct. 2, 2026 10:24 a.m.
Amazon plans to move $8 billion in Nvidia chips to investors, using a new financing model to strengthen its balance sheet and support AI growth
Read More
MCMC Warns of Legal Action Over AI Video Showing Mahathir Grieving Hasmah
Oct. 2, 2026 10:05 a.m.
MCMC reviews an AI video of Mahathir grieving Hasmah and warns that legal action may follow if the content violates Malaysia’s laws
Read More
Trending News