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Competition in the EV market intensifies as Chinese and European carmakers are set to clash at the Munich IAA Mobility show.
European automakers are losing ground in China’s price war, with Chinese giants like BYD, Changan, GAC, and Hongqi aggressively pushing into Europe despite tariffs. In response, European players such as Volkswagen, BMW, Mercedes-Benz, and Renault are rolling out mass-market EVs to retain market share. Reuters approached several key industry experts to weigh in on the ongoing clash between the two automotive titans.
Phil Dunne shared his thoughts on the slow response by European manufacturers to the challenge posed by China.
Read the full Reuters article below, or by
clicking here.
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