Electric vehicles (EVs) take the spotlight at IAA Munich auto show, with Volkswagen leading the charge with plans for cheaper EV models like the ID.CROSS compact crossover priced at around 25,000 euros. BMW and Mercedes also unveiled new EV offerings to compete in the midsize market as Tesla sales decline in Europe. BMW’s iX3 promises a nearly 500-mile range and faster charging, while Mercedes introduces the all-electric GLC targeting a range of 450 miles. EV-brand Polestar and Porsche electrified their models as well. Despite the push for EV adoption in Europe, automakers like BMW and Stellantis express concerns over the EU’s gas-powered car ban by 2035, highlighting challenges in the transition to EVs. Europe’s top automakers are optimistic about rising EV sales but question the pace of regulatory demands for market dominance.

Read more at Yahoo Finance: EVs, despite sales worries, are still hot at the big Munich auto show