BMW CEO Oliver Zipse said at the Paris Motor Show that it is time to lift the EU’s upcoming ban on the sale of internal combustion engines, due to take effect in 2035.
Zipse said the ban is “no longer feasible” because EV sales are far below expectations and EV subsidies are “unsustainable.” Lifting the ban will also reduce restrictions on Chinese batteries.
Otherwise, the ban will lead to a “massive contraction” of the auto industry.”
Sales of electric vehicles in Europe fell 4% in the first nine months of 2024 compared with last year. BMW is one of the leaders in sales of electric vehicles in Europe. [Electrek]
Source: Iphones RU
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