BMW boss Oliver Zipse has called for a radical overhaul of European regulations to ban the sale of new petrol and diesel cars by 2035 – warning that the car industry "will halve in size in Europe" under the current rules.
EU regulations feature a firm 2035 cutoff for the sale of all CO2-emitting vehicles. UK regulations (under the zero-emission vehicle mandate) share the same cutoff date but feature an increasing percentage of EVs that must be sold each year.
Zipse said the decision to focus CO2 reduction purely on the tailpipe emissions of vehicles, rather than by looking at the whole lifecycle emissions of a manufacturer, along with the manufacturing, use and disposal of its vehicles, risks distorting the market.