Etiqueta: EV

MUNICH (Reuters) -Volkswagen on Sunday unveiled a concept for a new small electric SUV that is part of the carmaker's push to offer affordable battery-powered vehicles. "From the very beginning, my goal was to shape the best version of the Volkswagen brand of all time," Volkswagen brand chief and group board member Thomas Schaefer said at the IAA Munich car show. "The near-production concept car of the ID.CROSS demonstrates that we are now truly delivering."

BYD and Tesla are locked in a global battle for EV dominance — and now, the Chinese automaker has raised the stakes, adding a new car to its lineup.

China’s leading EV maker BYD confirmed that its luxury SUV, the Yangwang U8L, will see the launch of the Dingshi Edition on September 12.

Europe’s auto industry will be grappling with a moribund economy and an existential threat from China as a motor show in Munich gets underway.

Qualcomm and BMW unveil Snapdragon Ride Pilot, a hands-free driver-assistance system targeting Tesla and BYD competition.

LONDON/FRANKFURT/BERLIN (Reuters) -Chinese and European carmakers are set to face off at next week's Munich car show, reflecting intensifying competition on the continent that has pitted incumbents such as Volkswagen against EV giant BYD and newcomers GAC and Changan. This year's IAA Mobility, the continent's biggest biennial car show, comes as European automakers lose ground in China - the world's biggest market - in what some executives have described as a "Darwinian" price war. At the same time, to escape pressure at home Chinese automakers are expanding into Europe in search of profits, above all electric vehicle maker BYD, whose global sales soared to 4.2 million cars in 2024, up ten-fold from 2019.