For decades, the phrase “Made in Germany” signaled cutting-edge automotive technology and design.
And that speed was on display Monday at I.A.A.
Mobility, a massive auto show in Munich, with newcomers from China stealing the show.
BYD, an all-electric Chinese carmaker that overtook Volkswagen as China’s best-selling brand this year, unveiled a sleek, new sedan and a sport utility vehicle to applause from a packed crowd.
“I think the Europeans are just pretty much petrified of how the Chinese will perform in Europe,” said Matthias Schmidt, an independent analyst of the electric-car market based in Berlin.
Persons:
Germany ”, ”, Matthias Schmidt
Organizations:
Mobility, Volkswagen
Locations:
Germany, China, Munich, Europe, Berlin