German Chancellor Olaf Scholz (SPD,l.), and Ola Källenius, Chairman of the Board of Management of Mercedes-Benz AG, visit the Mercedes stand during the opening of the IAA.
Sven Hoppe | Picture Alliance | Getty Images
Munich, GERMANY — The IAA Mobility motor show is taking place in Munich, Germany this week, and there is no shortage of cars on display.
The theme was electrification, with major players like BMW and Mercedes showing off their electric vehicle offerings. A large number Chinese players from Xpeng to BYD were also in attendance, as they set sights on international expansion.
Here’s a look at some of the cars on display in Munich.
BMW Vision Neue Klasse
BMW revealed the BMW Vision Neue Klasse, a concept electric vehicle that will underpin its foray into battery-powered cars.
Arjun Kharpal | CNBC
The BMW Vision Neue Klasse is the German giant’s concept model built on an architecture that will underpin the company’s electric cars over the coming years.
The first cars built on the Neue Klasse architecture are set to enter production in 2025.
The concept vehicle has a glass roof, and BMW said the design embodies classic brand elements that fans know. The company has also focused heavily on the technology inside the vehicle.
Mercedes-Benz Concept CLA Class
The Mercedes-Benz Concept CLA Class was unveiled at IAA Mobility 2023 in Munich, Germany. The platform will underpin the German automaker’s push into electric cars.
Mercedes-Benz
The Mercedes-Benz Concept CLA Class is built on a new architecture from the German titan, as it pushes into electric vehicles.
The range will comprise a total of four new models — a four-door coupé, an estate, and two sports utility vehicles.
Mercedes claims the model will have a range of 750 kilometres (466 miles) on a single charge.
Mercedes-Benz Vision One Eleven
The Mercedes-Benz Vision One Eleven on display at the IAA Mobility show in Munich, Germany.
Arjun Kharpal | CNBC
Announced in June, the Vision One Eleven is an extravagant car from Mercedes-Benz that was on display.
Just a concept, the car was designed to be all-electric and is inspired by the C 111 experimental vehicles from the 1960s and 70s.
Leapmotor C10
Chinese EV maker Leapmotor launched its first car for the international markets called the C10.
Arjun Kharpal | CNBC
There was a big Chinese presence at IAA, and Hangzhou-headquartered Leapmotor announced plans to bring its C10 sports utility vehicle — or SUV — to European markets next year.
“All of Leapmotor’s subsequent products will be designed and developed with a global mindset and adhere to global standards,” Leapmotor CEO Zhu Jiangming said at a press conference on Monday.
BYD Seal
BYD launched the BYD Seal in Europe at the IAA auto show in Munich, Germany. The electric sedan has a starting price of 44,900 euros ($48,479).
Arjun Kharpal | CNBC
Another Chinese carmaker, Warren Buffett-backed BYD launched its Seal electric sedan for Europe on Monday, for a starting price of 44,900 euros ($47,992).
BYD says the car has a range of up to 570 on a single charge. BYD is one of China’s biggest electric carmakers and has been aggressively expanding overseas.
Opel Experimental
The Opel Experimental concept
Arjun Kharpal | CNBC
Stellantis-owned Opel debuted its Experimental concept car in Munich after the official launch in July.
The futuristic looking vehicle was designed “to provide a tangible vision of where the Opel brand is heading,” the company said in a press release.
Lucid Air Midnight Dream Edition
The Lucid Air Midnight Dream Edition.
Lucid
The Lucid Air Midnight Dream Edition is a limited-production version of Lucid’s Air electric sedan.
Lucid said the car has a range of 799 kilometers on a single charge. The seats have a massage function, while the car boasts a spacious interior.
The car will only be available in Europe.
Volkswagen ID. GTI Concept
The all-electric Volkswagen ID GTI Concept car on display at the IAA Mobility 2023 show in Munich, Germany.
Arjun Kharpal | CNBC
Volkswagen’s ID. GTI Concept car was designed to show off what the German automaker will do with GTI versions of its ID electric cars.
It’s part of a major push by Volkswagen into the electric car sector. The company said at the IAA Mobility show that it will launch 11 new all-electric models by 2027.
Porsche Mission X
The Porsche Mission X on display at the IAA Mobility 2023 show in Munich, Germany.
Arjun Kharpal | CNBC
The Porsche Mission X is a concept electric “hypercar,” as the company describes it.
It was first announced in June, but displayed at IAA. The model’s doors open upwards. Porsche calls the vehicle “a technology beacon for the sports car of the future,” and says it “picks up the torch of iconic sports cars of decades past: like the 959, the Carrera GT and the 918 Spyder before it.”
MG Cyberster
The MG Cyberster on display at the IAA Mobility 2023 show in Munich, Germany.
Arjun Kharpal | CNBC
The MG Cyberster was first featured at the Shanghai Auto Show earlier this year, but was brought to the IAA Mobility for its European debut.
It is built on an electric car architecture that MG claims will allow a vehicle to travel 800 kilometers or 500 miles on a single battery charge.
MG said it draws upon the brand’s classic design, but has features like a gaming cockpit and 5G connectivity.
Lego Lamborghini Sián FKP 37
A Lego version of the Lamborghini Sián FKP 37 on display at IAA Mobility 2023 in Munich, Germany.
Arjun Kharpal | CNBC
While technically not a real car, there was also a Lego model of the Lamborghini Sián FKP 37 on show at IAA Mobility.
Inside a secretive set of buildings in Santa Barbara, California, scientists at Alphabet are working on one of the company’s most ambitious bets yet. They’re attempting to develop the world’s most advanced quantum computers.
“In the future, quantum and AI, they could really complement each other back and forth,” said Julian Kelly, director of hardware at Google Quantum AI.
Google has been viewed by many as late to the generative AI boom, because OpenAI broke into the mainstream first with ChatGPT in late 2022.
Late last year, Google made clear that it wouldn’t be caught on the backfoot again. The company unveiled a breakthrough quantum computing chip called Willow, which it says can solve a benchmark problem unimaginably faster than what’s possible with a classical computer, and demonstrated that adding more quantum bits to the chip reduced errors exponentially.
“That’s a milestone for the field,” said John Preskill, director of the Caltech Institute for Quantum Information and Matter. “We’ve been wanting to see that for quite a while.”
Willow may now give Google a chance to take the lead in the next technological era. It also could be a way to turn research into a commercial opportunity, especially as AI hits a data wall. Leading AI models are running out of high-quality data to train on after already scraping much of the data on the internet.
“One of the potential applications that you can think of for a quantum computer is generating new and novel data,” said Kelly.
He uses the example of AlphaFold, an AI model developed by Google DeepMind that helps scientists study protein structures. Its creators won the 2024 Nobel Prize in Chemistry.
“[AlphaFold] trains on data that’s informed by quantum mechanics, but that’s actually not that common,” said Kelly. “So a thing that a quantum computer could do is generate data that AI could then be trained on in order to give it a little more information about how quantum mechanics works.”
Kelly has said that he believes Google is only about five years away from a breakout, practical application that can only be solved on a quantum computer. But for Google to win the next big platform shift, it would have to turn a breakthrough into a business.
An attendee wearing a Super Mario costume uses a Nintendo Switch 2 game console while playing a video game during the Nintendo Switch 2 Experience at the ExCeL London international exhibition and convention centre in London, Britain, April 11, 2025.
Isabel Infantes | Reuters
Nintendo on Friday announced that retail preorder for its Nintendo Switch 2 gaming system will begin on April 24 starting at $449.99.
Preorders for the hotly anticipated console were initially slated for April 9, but Nintendo delayed the date to assess the impact of the far-reaching, aggressive “reciprocal” tariffs that President Donald Trump announced earlier this month.
Most electronics companies, including Nintendo, manufacture their products in Asia. Nintendo’s Switch 1 consoles were made in China and Vietnam, Reuters reported in 2019. Trump has imposed a 145% tariff rate on China and a 10% rate on Vietnam. The latter is down from 46%, after he instituted a 90-day pause to allow for negotiations.
Nintendo said Friday that the Switch 2 will cost $449.99 in the U.S., which is the same price the company first announced on April 2.
“We apologize for the retail pre-order delay, and hope this reduces some of the uncertainty our consumers may be experiencing,” Nintendo said in a statement. “We thank our customers for their patience, and we share their excitement to experience Nintendo Switch 2 starting June 5, 2025.”
The Nintendo Switch 2 and “Mario Kart World“ bundle will cost $499.99, the digital version “Mario Kart World” will cost $79.99 and the digital version of “Donkey Kong Bananza” will cost $69.99, Nintendo said. All of those prices remain unchanged from the company’s initial announcement.
However, accessories for the Nintendo Switch 2 will “experience price adjustments,” the company said, and other future changes in costs are possible for “any Nintendo product.”
It will cost gamers $10 more to by the dock set, $1 more to buy the controller strap and $5 more to buy most other accessories, for instance.
An employee walks past a quilt displaying Etsy Inc. signage at the company’s headquarters in the Brooklyn.
Victor J. Blue/Bloomberg via Getty Images
Etsy is trying to make it easier for shoppers to purchase products from local merchants and avoid the extra cost of imports as President Donald Trump’s sweeping tariffs raise concerns about soaring prices.
In a post to Etsy’s website on Thursday, CEO Josh Silverman said the company is “surfacing new ways for buyers to discover businesses in their countries” via shopping pages and by featuring local sellers on its website and app.
“While we continue to nurture and enable cross-border trade on Etsy, we understand that people are increasingly interested in shopping domestically,” Silverman said.
Etsy operates an online marketplace that connects buyers and sellers with mostly artisanal and handcrafted goods. The site, which had 5.6 million active sellers as of the end of December, competes with e-commerce juggernaut Amazon, as well as newer entrants that have ties to China like Temu, Shein and TikTok Shop.
By highlighting local sellers, Etsy could relieve some shoppers from having to pay higher prices induced by President Trump’s widespread tariffs on trade partners. Trump has imposed tariffs on most foreign countries, with China facing a rate of 145%, and other nations facing 10% rates after he instituted a 90-day pause to allow for negotiations. Trump also signed an executive order that will end the de minimis provision, a loophole for low-value shipments often used by online businesses, on May 2.
Temu and Shein have already announced they plan to raise prices late next week in response to the tariffs. Sellers on Amazon’s third-party marketplace, many of whom source their products from China, have said they’re considering raising prices.
Silverman said Etsy has provided guidance for its sellers to help them “run their businesses with as little disruption as possible” in the wake of tariffs and changes to the de minimis exemption.
Before Trump’s “Liberation Day” tariffs took effect, Silverman said on the company’s fourth-quarter earnings call in late February that he expects Etsy to benefit from the tariffs and de minimis restrictions because it “has much less dependence on products coming in from China.”
“We’re doing whatever work we can do to anticipate and prepare for come what may,” Silverman said at the time. “In general, though, I think Etsy will be more resilient than many of our competitors in these situations.”
Still, American shoppers may face higher prices on Etsy as U.S. businesses that source their products or components from China pass some of those costs on to consumers.
Etsy shares are down 17% this year, slightly more than the Nasdaq.