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BMW CEO: EU Ban on Petrol & Diesel Engine Cars Will Be Difficult to Achieve
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Europe's plan to ban the sale of internal combustion engine (ICE) vehicles from 2035 could threaten the core of Europe's auto industry, leading to a massive shrinkage of the auto industry, Oliver Zipse, Chief Executive Officer of BMW, said. Zipse added that Europe is not ready to give up petrol and diesel engines, and argued that the EU's plan would be difficult to accomplish and subsidies for EVs are unsustainable. AAStocks Financial News |
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