Published by Global Banking & Finance Review®
Posted on September 8, 2025
2 min readLast updated: January 22, 2026
Add as preferred source on GoogleMajor automakers at the Munich auto show announced new EVs and strategic plans to tackle European market challenges, including Stellantis, Leapmotor, Togg, and GAC.
(Reuters) -Prominent global automakers showcased their latest models at the Munich car show, including new EVs and lower-cost vehicles, as Europe's auto sector faces crises ranging from tariff hikes to rising costs and rivalry with Chinese firms on their home turf.
Here are the announcements by some of the companies:
STELLANTIS
Franco-Italian carmaker Stellantis will no longer exclusively produce EVs as part of its target through 2030, Jean-Philippe Imparato, head of enlarged Europe and European brands, said.
Imparato said EU carbon emissions targets for 2035 were no longer achievable for any carmaker, supporting Stellantis' decision not to restrict production just to EVs.
LEAPMOTOR
Chinese EV maker Leapmotor unveiled the B05, a new hatchback described by CEO Zhu Jiangming as a sporty coupe, as competition heats up for affordable electric models.
The B05 will be delivered in Europe from the second quarter of 2026 after its launch in China later this year, and will come in six colours. Pricing was not disclosed.
TOGG
The Turkish EV startup unveiled a new sedan as it launched sales in Europe starting with Germany. Togg announced the European launch of its T10X electric SUV, and unveiled the T10F, an electric five-door sedan.
Orders for both vehicles will start in Germany at the end of September and pricing details were not disclosed.
GAC
China's Guangzhou Automobile Group (GAC) launched its Aion V electric SUV and said it would be sold in Poland, Portugal and Finland from this month, with more European markets to follow. The SUV will start at just under 36,000 euros.
Next year, GAC will start selling the Aion UT, an electric crossover.
(Writing by Bernadette Baum; Editing by Susan Fenton)
An electric vehicle (EV) is a type of vehicle that is powered by electricity instead of gasoline or diesel. EVs use electric motors and batteries for propulsion, offering a cleaner alternative to traditional vehicles.
Sustainability in the automotive industry refers to practices that minimize environmental impact, such as reducing emissions, using renewable materials, and promoting electric vehicles to create a more eco-friendly transportation system.
Stellantis is a multinational automotive manufacturer formed from the merger of Fiat Chrysler Automobiles and PSA Group. It focuses on producing a wide range of vehicles, including electric and hybrid models.
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