BMW CEO says Europe needs to cancel the 2035 gas-engine ban

BMW CEO says Europe needs to cancel the 2035 gas-engine ban

BMW Vision Neue Klasse X concept

BMW will need more batteries as it ramps up manufacturing of its next-generation Neue Klasse EVs, which shift to cylindrical cells and a new EV-specific architecture. Production is scheduled to start at two European sites in 2025, with production at a North American factory in Mexico following in 2027.

In addition to batteries, there’s concern in Europe that Chinese EVs themselves will pose a competitive threat to local companies. While the EU has placed tariffs on electric vehicles imported from China on top of its standard 10% import duty for cars, though, it has considered lowering tariffs for certain Chinese automakers.

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Publish date : 2024-10-16 03:51:00

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