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
source : OILPRICE ( Middle East ) () 49
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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