BMW: Gasoline Car Ban Poses “Imminent Risk” To European Automakers ...Middle East

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BMW: Gasoline Car Ban Poses “Imminent Risk” To European Automakers
The EU’s pledge to ban the sale of new gasoline and diesel cars and vans from 2035 poses an “imminent risk” to Europe’s car manufacturers, which are unlikely to win a looming EV price war with their Chinese competitors, BMW chairman Oliver Zipse has told the Financial Times. “I want to send a message: I see that as an imminent risk,” Zipse said. The executive, however, said BMW was in a better position to compete with the Chinese manufacturers, most of which are targeting buyers of cheaper and smaller electric…

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