Protesters Abseil, Sink Car Parts Near Show Venue: Munich Update

09/05/2023 07:08
Protesters Abseil, Sink Car Parts Near Show Venue: Munich Update

Europe’s automakers are showing off their latest battery-powered vehicles at the IAA Mobility car show this week as they try to challenge Tesla Inc. and fend off growing competition from China.

Renault to Resume Marketing Drive for EV IPO: Munich Update

The Mercedes Vision One Eleven concept car.Photographer: Alex Kraus/Bloomberg

Europe’s automakers are showing off their latest battery-powered vehicles at the IAA Mobility car show this week as they try to challenge Tesla Inc. and fend off growing competitionBloomberg Terminal from China.

The number of Chinese companies at this year’s IAA has more than doubled compared to just two years ago, as manufacturers like BYD Co. and Xpeng Inc. are pushing into Europe to escape a fierce price war and decelerating economy.

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