Munich auto show to highlight Chinese competition in electric cars

BUSINESS DAILY © FRANCE 24

With more than 41 percent of exhibitors at the Munich IAA mobility show headquartered in Asia, analysts say European carmakers will need to prove their ability to compete with China in the electric vehicle age. Chinese companies, whose presence has doubled at the event compared to last year, have their sights set on Europe's EV market. While lagging behind, domestic players are still making an effort. Over the weekend, Mercedes and BMW both unveiled new electric models. We take a closer look.