BMW CEO: Europe must cancel petrol engine ban to reduce reliance on China
BMW CEO: Europe must cancel petrol engine ban to reduce reliance on China
cross-posted from: https://lemm.ee/post/44916164
BMW CEO: Europe must cancel petrol engine ban to reduce reliance on China
cross-posted from: https://lemm.ee/post/44916164
THERE IS NO GODDAMN PETROL ENGINE BAN.
There is a ban on engines though that can't run without creating additional CO2 emissions from 2035 though. Tough luck for fossil engines in their current configurations, but not unsolvable for the very special applications where they'll still be needed.
Even better: given that the Chinese automotive industry is highly invested in EVs whereas the demand for (premium) ICE cars is largely provided by foreign companies such as BMW, have a good guess whether China will switch its own market rules accordingly when it sees time fit for its own industry.
They've already done that to a large degree which is why VW and others are already feeling down:
I’m not sure whether it’s enough for the car to be built in China or whether it needs to be from a Chinese-owned brand as well.
Given that you cannot build cars in China without having to go into a joint venture with a Chinese company that probably won't matter much to them.. :)