MUNICH, Sept 4 — One of the world’s biggest auto shows opens in Munich on Monday, with Tesla ending a 10-year absence to jostle for the spotlight with Chinese rivals as the...
MUNICH, Sept 4 — One of the world’s biggest auto shows opens in Munich on Monday, with Tesla ending a 10-year absence to jostle for the spotlight with Chinese rivals as the race for electric dominance heats up.
The industry-wide shift towards electric vehicles will be front and centre at this week’s fair, with Chinese carmakers out in force as they eye the European market. “The electric car market with its many new players will be divvied up over the next few years and people want to know: who is offering what?” Burgard told the Handelsblatt financial daily.
In all, 41 per cent of exhibitors at the industry fair have their headquarters in China, including brands such as BYD and Leapmotor.Germany’s homegrown champions Volkswagen, BMW and Mercedes-Benz will be joined by Renault from France, but the 14-brand Stellantis Group will only be represented by Opel.
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