European and Chinese automakers unveil new EVs in race to dominate market

Mercedes and BMW unveiled new electric concept cars with expanded range and rapid charging capabilities.
Chinese brands like BYD and XPeng announced European expansion plans with more affordable EV models.
Automakers aim to meet stricter emissions regulations and keep pace with Tesla's dominance.
Limited infrastructure and high costs present challenges to mainstream EV adoption in Europe.
German suppliers consider partnerships with Chinese brands entering the European EV market.