-
More Asian Games transport woes as bus takes Pakistan to wrong venue
-
Radio frequencies vital to Earth observation must be protected: UN
-
Death toll in South Africa bar shooting rises to 18
-
Comedian on trial for insulting Erdogan in standup show
-
Aide to Venezuelan opposition leader returns from exile
-
Women's Fashion Week kicks off in Paris
-
Messi and Alcaraz love it, now padel takes step closer to Olympics
-
Pope arrives in French border city to speak on united Europe
-
Tolls mount in Thailand, Myanmar floods
-
The wildfires choking Indonesia, sparking regional haze
-
Why India's opposition wants top poll official out
-
PU Prime Deepens Argentina Presence Through FX Expo Buenos Aires 2026
-
PU Prime Strengthens UAE Momentum with Strong Showing at Forex Expo Dubai 2026
-
Nothing to seal here: NZ police help stranded pup home
-
Eight dead in Thailand floods since mid-September
-
White House releases list of products US, China could tax less
-
Oil prices spike after Trump rejects Iran truce offer
-
'Pseudo-journalism': Partisan 'news' sites target US midterms
-
Taylor Swift sets new record at MTV VMAs
-
'Currently impossible': North Korea defections in freefall
-
Seoul seeks apology after Ukraine reveals transfer of North Korean POWs
-
Erasmus sizes up 'improved' Wallabies ahead of 2027 World Cup
-
Messi on target again but Miami downed by Columbus
-
Scandal-weary Brazilians to vote as Lula faces Bolsonaro son
-
In Washington's political cauldron, a fight over foie gras
-
SpaceX aims to put Starship in orbit for the first time
-
Flavio Bolsonaro: political heir in his father's shadow
-
Pope to speak on united Europe from French border town
-
Ravens grab last-second win in Rio as Commanders stop Seahawks
-
Scheffler makes sportsmanship stand over tee screamer
-
USA rallies to capture 11th consecutive Presidents Cup
-
Anthropic CEO Amodei to dine with Trump at White House
-
Phillies clinch, Astros wrap up division on final day of MLB season
-
Dupont scores twice to send Toulouse to Top 14 summit
-
Commanders hand champion Seahawks their first loss
-
Greece stun Klopp's Germany as Ireland show sorrow for Gaza
-
Dupont scores twice to send Toulouse top of Top 14
-
Ramos fires holders Portugal to Nations League win in Norway
-
Ireland beat Israel but no handshakes due to war in Gaza
-
Greece hand Klopp first defeat as Germany manager
-
Tense standoff over flashpoint N.Ireland parade lasts into night
-
Pope promises French sex abuse victims to prevent further harm
-
Stunned McNulty wins 'miracle' road race world title
-
UK village on edge over threats to air base in terror alert
-
Re-released 'Avengers: Endgame' snaps-up N. America box office lead
-
Two giant pandas, emblems of China soft diplomacy, arrive in US
-
American McNulty wins shock road race world title
-
Aleksandar Vucic: from Milosevic minister to long-serving Serbian statesman
-
Serbia's President Aleksandar Vucic announces resignation
-
Trump expects new Iran talks despite rejecting deal offer
Germany's VW, China's BYD face off at Munich auto show
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.
The duelling announcements at the closely-watched Munich auto show highlight the fierce battle shaping up between Europe's traditional automakers and fast-growing Chinese rivals.
VW -- along with peers BMW and Mercedes-Benz from the long troubled German auto sector -- are seeking to make up lost ground in the race for electric dominance.
Volkswagen unveiled four small EV models from its namesake VW brand, as well as its Cupra and Skoda marques.
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.
But at a press event at the IAA Mobility show, which runs the whole of this week, CEO Oliver Blume conceded that VW faced a tough fight.
"The automotive industry, and especially the Volkswagen group, has never faced so many headwinds at the same time," he said.
And he conceded that the situation in China, where VW has lost market share to local rivals, was highly competitive.
BYD "without a doubt is doing a great job there," he said.
- Resistance to EU ban -
BYD meanwhile announced that its Dolphin Surf electric compact car, already on sale in Europe since May for around 20,000 euros, will be produced from the end of 2025 in its new Hungarian factory.
"We are almost ready to build our cars in Europe, for Europe," said the manufacturer's executive vice president Stella Li.
Building its cars in Hungary, an European Union country, should help the Chinese manufacturer avoid hefty EU tariffs the bloc has slapped on Chinese-made EVs over what Brussels says are unfair state subsidies.
Germany's top automakers have all suffered in recent times due to weak demand and fierce competition in key market China, where BYD and others have eroded their sales.
They have struggled with the shift to EVs as demand has proven weaker in Europe than many had anticipated and prices remain too high for many motorists.
Calls have meanwhile been growing for the EU to review a plan to end sales of new combustion engine vehicles by 2035 as part of efforts to tackle climate change.
Stellantis, whose brands include Jeep and Fiat, as well as BMW and Mercedes have all expressed scepticism or outright opposition to the plan.
Volkswagen's Blume added his voice to the criticism on Monday, saying that it was "unrealistic" to aim for "100% electric mobility" in a decade.
"We need reality checks every year," he said.
L.Maurer--VB