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/BloombergThanks 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.