Togg T10F is displayed during the press and media day of the IAA auto show in Munich, Germany, September 8, 2025. REUTERS/Angelika Warmuth

München Motor Show

Togg T10F is displayed during the press and media day of the IAA auto show in Munich, Germany, September 8, 2025. REUTERS/Angelika Warmuth

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Togg T10F is displayed during the press and media day of the IAA auto show in Munich, Germany, September 8, 2025. REUTERS/Angelika Warmuth

Togg T10X is displayed during the press and media day of the IAA auto show in Munich, Germany, September 8, 2025. REUTERS/Angelika Warmuth

The interior of Togg T10X is displayed during the press and media day of the IAA auto show in Munich, Germany, September 8, 2025. REUTERS/Angelika Warmuth

Togg T10F is displayed during the press and media day of the IAA auto show in Munich, Germany, September 8, 2025. REUTERS/Angelika Warmuth

Togg CEO Gurcan Karakas takes a selfie with Togg Chairman of the Board Fuat Tosyali, Togg Deputy Chairman Ahmet Nazif Zorlu, Togg Board Member Kamil Yazici, and Turkish actor Kenan Imirzalioglu, next to displayed Togg T10F and T10X vehicles during the press and media day of the IAA auto show in Munich, Germany, September 8, 2025. REUTERS/Angelika Warmuth

Volkswagen displays ID. Polo during a media preview ahead of the IAA Munich auto show, in Munich, Germany, September 7, 2025. REUTERS/Kai Pfaffenbach

Volkswagen displays ID. Polo during a media preview ahead of the IAA Munich auto show, in Munich, Germany, September 7, 2025. REUTERS/Kai Pfaffenbach

The new Skoda Epiq is displayed during a media preview ahead of the IAA Munich auto show, in Munich, Germany, September 7, 2025. REUTERS/Kai Pfaffenbach

Thomas Schafer, CEO Volkswagen Passenger Cars & Brand Group Core speaks, during a media preview ahead of the IAA Munich auto show, in Munich, Germany, September 7, 2025. REUTERS/Kai Pfaffenbach TPX IMAGES OF THE DAY

Klaus Zellmer, CEO of Skoda Auto speaks, during a media preview ahead of the IAA Munich auto show, in Munich, Germany, September 7, 2025. REUTERS/Kai Pfaffenbach

Volkswagen holds a media preview ahead of the IAA Munich auto show, in Munich, Germany, September 7, 2025. REUTERS/Kai Pfaffenbach

Oliver Blume, CEO of Volkswagen speaks, during a media preview ahead of the IAA Munich auto show, in Munich, Germany, September 7, 2025. REUTERS/Kai Pfaffenbach

Rohan Marley, son of late reggae legend Bob Marley reacts, as he presents his own designed Volkswagen ID. Buzz during a media preview ahead of the IAA Munich auto show, in Munich, Germany, September 7, 2025. REUTERS/Kai Pfaffenbach

Rohan Marley, son of late reggae legend Bob Marley presents his own designed Volkswagen ID. Buzz during a media preview ahead of the IAA Munich auto show, in Munich, Germany, September 7, 2025. REUTERS/Kai Pfaffenbach

Volkswagen Autonomous Mobility CEO Christian Senger walks out of a self driven Volkswagen MOIA, during a media preview ahead of the IAA Munich auto show, in Munich, Germany, September 7, 2025. REUTERS/Kai Pfaffenbach

Gernot Dollner CEO of Audi & Brand Group Progressive, speaks during a media preview ahead of the IAA Munich auto show, in Munich, Germany, September 7, 2025. REUTERS/Kai Pfaffenbach

Volkswagen Autonomous Mobility CEO Christian Senger speaks, during a media preview ahead of the IAA Munich auto show, in Munich, Germany, September 7, 2025. REUTERS/Kai Pfaffenbach

Gernot Dollner CEO of Audi & Brand Group Progressive, presents the Audi Concept C during a media preview ahead of the IAA Munich auto show, in Munich, Germany, September 7, 2025. REUTERS/Kai Pfaffenbach

Porsche 911 Turbo S is presented during a media preview ahead of the IAA Munich auto show, in Munich, Germany, September 7, 2025. REUTERS/Kai Pfaffenbach

Porsche 911 Turbo S is presented during a media preview ahead of the IAA Munich auto show, in Munich, Germany, September 7, 2025. REUTERS/Kai Pfaffenbach

cott Keogh, CEO of Scout Motors, presents the Scout Terra during a media preview ahead of the IAA Munich auto show, in Munich, Germany, September 7, 2025. REUTERS/Kai Pfaffenbach

Oliver Blume, CEO of Volkswagen arrives in the new Porsche 911 Turbo S, during a media preview ahead of the IAA Munich auto show, in Munich, Germany, September 7, 2025. REUTERS/Kai Pfaffenbach

Oliver Blume, CEO of Volkswagen Group, speaks during a media preview ahead of the IAA Munich auto show, in Munich, Germany, September 7, 2025. REUTERS/Kai Pfaffenbach

Oliver Blume, CEO of Volkswagen Group, speaks during a media preview ahead of the IAA Munich auto show, in Munich, Germany, September 7, 2025. REUTERS/Kai Pfaffenbach

The Scout Terra is presented during a media preview ahead of the IAA Munich auto show, in Munich, Germany, September 7, 2025. REUTERS/Kai Pfaffenbach

A Volkswagen ID. Buzz designed by Rohan Marley, son of late reggae legend Bob Marley is presented during a media preview ahead of the IAA Munich auto show, in Munich, Germany, September 7, 2025. REUTERS/Kai Pfaffenbach

Thomas Schafer, CEO Volkswagen Passenger Cars & Brand Group Core speaks, during a media preview ahead of the IAA Munich auto show, in Munich, Germany, September 7, 2025. REUTERS/Kai Pfaffenbach

People stand around Audi Concept C during a media preview ahead of the IAA Munich auto show, in Munich, Germany, September 7, 2025. REUTERS/Kai Pfaffenbach

Volkswagen Group CEO Oliver Blume speaks to journalists on the press and media day of the IAA auto show in Munich, Germany, September 8, 2025. REUTERS/Kai Pfaffenbach

Volkswagen displays ID. Polo on the press and media day of the IAA auto show in Munich, Germany, September 8, 2025. REUTERS/Kai Pfaffenbach

Adrian van Hooydonk, Head of BMW Group Design, speaks on the press and media day of the IAA auto show in Munich, Germany, September 8, 2025. REUTERS/Angelika Warmuth

The BMW iX3 is presented on the press and media day of the IAA auto show in Munich, Germany, September 8, 2025. REUTERS/Angelika Warmuth

A person uses their phone during the presentation of BMW iX3 on the press and media day of the IAA auto show in Munich, Germany, September 8, 2025. REUTERS/Angelika Warmuth

People attend the presentation of BMW iX3 on the press and media day of the IAA auto show in Munich, Germany, September 8, 2025. REUTERS/Angelika Warmuth

People look at the Xpeng P7 on the press and media day of the IAA auto show in Munich, Germany, September 8, 2025. REUTERS/Angelika Warmuth

The Xpeng P7+ is presented on the press and media day of the IAA auto show in Munich, Germany, September 8, 2025. REUTERS/Angelika Warmuth

he wheel of the Xpeng P7 is shown on the press and media day of the IAA auto show in Munich, Germany, September 8, 2025. REUTERS/Angelika Warmuth

The interior of the Xpeng P7 is displayed on the press and media day of the IAA auto show in Munich, Germany, September 8, 2025. REUTERS/Angelika Warmuth

Volkswagens member of the Group Board of Management and CEO of the Volkswagen Passenger Cars brand, Thomas Schaefer presents the brands new cars, on the press and media day of the IAA auto show in Munich, Germany, September 8, 2025. REUTERS/Kai Pfaffenbach

The Xpeng P7 is presented on the press and media day of the IAA auto show in Munich, Germany, September 8, 2025. REUTERS/Angelika Warmuth

The logo of Xpeng on the displayed Xpeng P7 during the press and media day of the IAA auto show in Munich, Germany, September 8, 2025. REUTERS/Angelika Warmuth

Chairman and CEO of Xpeng, He Xiaopeng, speaks on the press and media day of the IAA auto show in Munich, Germany, September 8, 2025. REUTERS/Angelika Warmuth

Chairman and CEO of Xpeng, He Xiaopeng, speaks as the Xpeng P7 is presented on the press and media day of the IAA auto show in Munich, Germany, September 8, 2025. REUTERS/Angelika Warmuth

The Xpeng G6 is presented on the press and media day of the IAA auto show in Munich, Germany, September 8, 2025. REUTERS/Angelika Warmuth

Chairman and CEO of Xpeng, He Xiaopeng, speaks next to a displayed Xpeng P7, on the press and media day of the IAA auto show in Munich, Germany, September 8, 2025. REUTERS/Angelika Warmuth

Leapmotor unveils the Lafa 5, on the press and media day of the IAA auto show in Munich, Germany, September 8, 2025. REUTERS/Kai Pfaffenbach

Leapmotor presents the Lafa 5, on the press and media day of the IAA auto show in Munich, Germany, September 8, 2025. REUTERS/Kai Pfaffenbach

Leapmotor unveils the Lafa 5, on the press and media day of the IAA auto show in Munich, Germany, September 8, 2025. REUTERS/Kai Pfaffenbach

The PIX RoboBus on the press and media day of the IAA auto show in Munich, Germany, September 8, 2025. REUTERS/Kai Pfaffenbach

FILE PHOTO: Leapmotor presents the Lafa 5, known as the B05 in markets outside China, on the press and media day of the IAA auto show in Munich, Germany, September 8, 2025. REUTERS/Kai Pfaffenbach/File Photo

The Opel Mokka GSE is presented on the press and media day of the IAA auto show in Munich, Germany, September 8, 2025. REUTERS/Angelika Warmuth

The Opel logo is displayed on the press and media day of the IAA auto show in Munich, Germany, September 8, 2025. REUTERS/Angelika Warmuth

The Opel Mokka GSE and Opel Corsa GSE Vision Gran Turismo are presented on the press and media day of the IAA auto show in Munich, Germany, September 8, 2025. REUTERS/Angelika Warmuth

The Opel Mokka GSE is presented on the press and media day of the IAA auto show in Munich, Germany, September 8, 2025. REUTERS/Angelika Warmuth

The wheel of the Opel Corsa GSE Vision Gran Turismo is displayed on the press and media day of the IAA auto show in Munich, Germany, September 8, 2025. REUTERS/Angelika Warmuth

A person cleans the window of the Opel Corsa GSE Vision Gran Turismo on the press and media day of the IAA auto show in Munich, Germany, September 8, 2025. REUTERS/Angelika Warmuth

The Opel Corsa GSE Vision Gran Turismo is presented on the press and media day of the IAA auto show in Munich, Germany, September 8, 2025. REUTERS/Angelika Warmuth

The Togg T10X is presented on the press and media day of the IAA auto show in Munich, Germany, September 8, 2025. REUTERS/Angelika Warmuth

The Togg logo is displayed on a vehicle on the press and media day of the IAA auto show in Munich, Germany, September 8, 2025. REUTERS/Angelika Warmuth

The Opel Mokka GSE is presented on the press and media day of the IAA auto show in Munich, Germany, September 8, 2025. REUTERS/Angelika Warmuth

The wheel of the Opel Mokka GSE is displayed on the press and media day of the IAA auto show in Munich, Germany, September 8, 2025. REUTERS/Angelika Warmuth

The Togg logo is displayed on a vehicle on the press and media day of the IAA auto show in Munich, Germany, September 8, 2025. REUTERS/Angelika Warmuth

A person cleans the rim of an Opel Mokka GSE on the press and media day of the IAA auto show in Munich, Germany, September 8, 2025. REUTERS/Angelika Warmuth

The back of the Opel Corsa GSE Vision Gran Turismo is presented on the press and media day of the IAA auto show in Munich, Germany, September 8, 2025. REUTERS/Angelika Warmuth

The wheel of a Togg T10X is displayed on the press and media day of the IAA auto show in Munich, Germany, September 8, 2025. REUTERS/Angelika Warmuth

A BYD Seal 6 DM-i Touring is displayed on the press and media day of the IAA auto show in Munich, Germany, September 8, 2025. REUTERS/Kai Pfaffenbach

A person cleans the wheel of a BYD Seal 6 DM-i Touring on the press and media day of the IAA auto show in Munich, Germany, September 8, 2025. REUTERS/Kai Pfaffenbach

Executive Vice President of BYD, Stella Li, speaks on the press and media day of the IAA auto show in Munich, Germany, September 8, 2025. REUTERS/Kai Pfaffenbach

Executive Vice President of BYD, Stella Li, speaks on the press and media day of the IAA auto show in Munich, Germany, September 8, 2025. REUTERS/Kai Pfaffenbach

Executive Vice President of BYD, Stella Li, speaks on the press and media day of the IAA auto show in Munich, Germany, September 8, 2025. REUTERS/Kai Pfaffenbach

Executive Vice President of BYD, Stella Li, speaks on the press and media day of the IAA auto show in Munich, Germany, September 8, 2025. REUTERS/Kai Pfaffenbach