BMW CEO deems EU's 2035 ban on combustion engines a ‘significant error’ while anticipating robust sales in 2025.
BMW's Stance on EU Regulations: BMW CEO Oliver Zipse criticized the EU's plan to phase out combustion engines by 2035, labeling it a "big mistake" and advocating for a broader approach to emissions that includes the entire supply chain.
Call for Accountability in Fuel Production: Zipse emphasized the need for climate-friendly fuels beyond 2035 and argued that fuel producers should also be held accountable for emissions, highlighting the lack of targets for major fuel companies like Shell and BP.
BMW's Sales Outlook: Despite industry challenges such as tariffs and competition, Zipse stated that BMW is on track to sell over 2.5 million vehicles by 2025, with growth particularly noted in Europe.
Upcoming Electric Vehicle Launch: Zipse made these comments ahead of the IAA motor show in Munich, where BMW is set to unveil the first model of a new class of electric vehicles.
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