Etiqueta: Germany

Chinese automaker BYD is aggressively challenging Tesla in Europe by expanding German sales locations to 100 by 2026, unveiling new models, and starting production in Hungary by 2025. Amid Tesla's 40% sales drop, BYD's registrations surged 225% in July 2025. BYD aims to become Europe's top EV seller by 2030.

A traditional showcase of German engineering also includes scads of imported EVs and hybrids.

Europe's top car manufacturer Volkswagen presented a series of more affordable electric vehicles Monday as Chinese EV titan BYD said it would start producing a cut-price model on the continent. With starting prices of around 25,000 euros ($29,000), lower than many current EVs made by European manufacturers, their commercial launch is set for next year.

BYD said it would nearly triple the number of sales and service locations in Germany, the home of Tesla's European gigafactory, by the end of 2026.

BYD Co. is reinforcing its European expansion with new models and showrooms amid a bruising price war at home in China.

European automakers are unveiling new vehicles at the Munich IAA Mobility Show as the industry confronts several challenges.

Europe's top car manufacturer Volkswagen on Monday presented a series of more affordable electric vehicles to take on fast-growing Chinese rivals as Germany's troubled auto sector seeks to turn around its fortunes.Their commercial launch is set for 2026, VW said in a statement, and is part of efforts to combat Chinese carmakers which are gaining market share in Europe with their own affordable EVs.  Volkswagen says it has made considerable cost savings on the cars by sharing technology across th

BMW and Mercedes are done watching Tesla play king. The two biggest luxury brands from Europe have just thrown down the gauntlet with all-electric SUVs meant

BMW said its iX3, the first model in its all-electric Neue Klasse series which was launched earlier in September, will be sold in Europe from March 2026 at a price of 68,900 euros ($80,700). Franco-Italian carmaker Stellantis will no longer exclusively produce EVs as part of its target through 2030, Jean-Philippe Imparato, head of enlarged Europe and European brands, said. The B05 will be delivered in Europe from the second quarter of 2026 after its launch in China later this year, and will come in six colours.

MUNICH (Reuters) -Major automakers showcased their latest models at the Munich car show on Monday, unveiling new EVs and lower-cost models as Europe's auto sector fights crises ranging from tariff hikes to rising costs and rivalry with Chinese firms on their home turf. With many auto companies concerned over Europe's tough-to-meet carbon emissions targets for 2035, several firm said they would widen their production focus rather than restrict themselves to electric or other alternative-fuel vehicles. European automakers at the IAA Mobility show in Munich, running until Friday, also face sinking sales in China, the biggest single market for Volkswagen, BMW and Mercedes-Benz.