Hyperdrive

Auto CEOs Aren’t Telling the Whole Story About Phasing Out Combustion Cars

Brussels is taking a more palatable approach to phasing out vehicle emissions than executives are letting on.

BMW CEO Oliver Zipse at the Beijing auto show in April.

Photographer: Qilai Shen/Bloomberg

Thanks for reading Hyperdrive, Bloomberg’s newsletter on the future of the auto world.

Last week, BMW CEO Oliver Zipse called for the European Union to scrap its plan to phase-out combustion vehicle sales by 2035, calling the target “no longer realistic.” Automakers are becoming increasingly vocal on this topic as the timelines get nearer, and it all highlights a difficult point: nobody really knows how these targets will play out.