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04-18-2022, 06:54 PM | #1 |
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As Merc & Audi go all-in on electric, BMW says NO
https://www.roadandtrack.com/news/a3...-is-dangerous/
Automakers have been constantly one-upping each other recently, trying to convince the public that they alone are the most serious about EVs. But BMW CEO Oliver Zipse seems to think that is going too far. In a roundtable interview reported by Reuters, Zipse cautioned that automakers shouldn't get too reliant on all-electric strategies that only work in select markets. "When you look at the technology coming out, the EV push, we must be careful because at the same time, you increase dependency on very few countries," Zipse told reporters, according to Reuters. EVs are primarily popular in highly developed markets like China and Europe and also depend on raw materials that flow mostly through China. And as the pandemic and current trade sanctions on Russia show, depending too much on any one set of market conditions or single chain in a supply line can be dangerous. "If someone cannot buy an EV for some reason but needs a car, would you rather propose he continues to drive his old car forever? If you are not selling combustion engines anymore, someone else will," said Zipse. Last edited by G30M; 04-18-2022 at 07:00 PM.. |
04-20-2022, 11:02 AM | #2 |
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All auto exec statements on this topic are posturing and meaningless. Vehicles rolling off assembly lines is what matters. They are staking political claims on multiple sides of multiple issues so that they have the lowest political risk path-forward.
Ratified regulations also matter. Proposals in legislatures are meaningless. |
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