The CEO of carmaker BMW on Tuesday called on the European Union to lift a ban on gasoline engines to reduce dependence on China’s battery supply chain, Reuters reported. .
In March 2023, the EU passed a law requiring all new cars sold from 2035 onwards to have zero carbon emissions, effectively banning traditional internal combustion engines. Now, BMW CEO Oliver Zipse is calling on regulators to rescind the rule, saying the policy change will help European carmakers. combat china tournament Country to reduce dependence on electric vehicle (EV) batteries, Reuters reported. (Related article: Biden-Harris EV push turns out to be costly — thousands of blue-collar jobs)
“100% BEV correction” [battery electric vehicle] According to Reuters, Zipse said at the Paris Motor Show that meeting targets by 2035 as part of a comprehensive CO2 reduction package could help European automakers reduce their dependence on China for batteries. said. “To stay on a successful path, a path that does not rely strictly on technology within the policy framework is essential.”
BERLIN, GERMANY – SEPTEMBER 28: Oliver Zipse, Chief Executive Officer of BMW AG, speaks at an event celebrating the 100th anniversary of BMW Motorcycles held at the Spandau BMW Motorcycle Factory in Berlin, Germany on September 28, 2023. I will give a lecture at (Photo by Maya Hitiji/Getty Images)
Gypse added that the 2035 deadline is “no longer realistic.”[under] Under today’s assumptions, this policy would “lead to a significant contraction of the world.” [EU auto] industry as a whole,” the Guardian reported.
China controlled As of June, it accounted for 11% of the European electric vehicle market and is the largest manufacturer of EV batteries. produce As of May 2023, 66% of the world’s battery cells are in use. On the other hand, the German automobile industry account Auto sales, which account for about 5% of gross domestic product, are struggling. under The first half of 2024 will be 4.7% compared to the previous year.
The EU voted as follows impose New tariffs on Chinese EVs will be imposed on October 4th, with additional duties ranging from 7.8% to 35.3% on top of the 10% tax already in place.
In addition to BMW, EU carmakers Volkswagen and Renault are also asking regulators to ease or postpone vehicle emissions targets after EV sales were lower than expected, according to Reuters. Volvo, Ford and Mercedes-Benz have all abandoned major EV targets since February, and experts previously told the Daily Caller News Foundation that the change in corporate strategy is due to concerns that consumers will drive fewer miles and more. He said this reflects sluggish demand amid concerns such as a lack of charging infrastructure. price.
BMW did not respond to requests for comment.
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