Etiqueta: Rising

BYD Auto, announced at this year’s IAA Mobility 2025 show in Munich, Germany, that it is stepping up its expansion in Europe.

Prominent global automakers showcased their latest models at the Munich car show, including new EVs and lower-cost vehicles. Here's what they said.

Europe's embattled car brands unveil a flurry of new models at the IAA Mobility conference, seeking to counter robust competition from China.

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.

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

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.

VinFast priced the VF6 at ₹16.49 lakh ($19,800) and the VF7 at ₹20.89 lakh ($25,000), with bookings open for a refundable ₹21,000 and deliveries expected later this year.

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