~ (@Michael-official) on getquin

1Mon·

The CEO of BMW
$BMW (-1%) is calling for Europe 🇪🇺 to lift the planned ban on combustion engines in order to reduce its dependence on China 🇨🇳.

"Europe should abandon its plan to ban the sale of new fossil fuel cars from 2035.

This could reduce dependence on China's battery supply chain and make better use of the continent's technological strengths."

15 Comments

Sebi@Seebi

1Mon

This is what it looks like. Away with the green ideology

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Pezi@Pezi

1Mon

I can only shake my head at this...oversleep the trend, then please change the laws...🤦🏼‍♂️

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TorteInYourFace@TorteInYourFace

1Mon

The CEO of BMW also says that in a few years, H2 cars will be the hot shit that everyone wants and provides adventurous justifications for their need😂
I wouldn't put much stock in Zipse and his talk.

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Lumimyrsky@Lumimyrsky

1Mon

and this despite the fact that BMW is not doing so badly with electric vehicles

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PInvestor_El_Joker@PInvestor_El_Joker

1Mon

Thanks for sharing this! As a strong supporter of accelerating the transition to electric vehicles, I believe that embracing innovation is key. While BMW's concerns about over-reliance on China for battery production are understandable, it's crucial that European manufacturers invest in their own innovative solutions. This will not only ensure competitiveness but also support a sustainable and independent automotive industry in Europe.

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Julian@MoneyISnotREAL

1Mon

Why not simply set up your own battery production instead of outsourcing everything to China? 😉

Instead of being dependent on batteries from China, you make yourself dependent on oil from the Saudis & Co. 🙄

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Stephan K.@StrahlemannLP

1Mon

Well, the combustion engine was never on the brink of extinction, only fossil fuels and these plans are sometimes too ambitious. In this respect, Zipse is absolutely right and he and the BMW Board of Management have so far been clever enough to deliver everything that the market demands, which is why BMW is in a much better position than all other major commercial German vehicle brands.

So I can certainly see that the basis of the combustion engine will continue to exist.

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Silvio@sis71

1Mon

The combustion engine has not yet reached its technical limits. Cars should become smaller and lighter. Who needs these big boxes? The infrastructure for e-cars is lacking in many places.

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Il fenomino@Botrux

1Mon

If you only knew what Zipse says internally...

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