Petrol ban is 'imminent risk' for car industry warns BMW boss as China price war heats up
The boss of BMW has warned that banning petrol and diesel vehicles poses an 'imminent risk' to the European car industry amid a price war with China.
Oliver Zipse, chief executive of the German car maker, said plans to ban combustion engine vehicles could put further pressure on companies that are already struggling to compete.
'The base car market segment will either vanish or will not be done by European manufacturers,' Zipse said.
'I want to send a message: I see that as an imminent risk.'
Zipse joins a number of industry leaders that have questioned the time frame for phasing out petrol and diesel cars in a bid to push drivers towards electric vehicles (EV).
The EU plans to ban the sale of new combustion engine cars by 2035 while the UK deadline is five years earlier in 2030 something that has been criticised for being unrealistic with the current EV charging infrastructure.
The Mail has launched a 'Rethink The 2030 Petrol Car Ban' campaign to highlight the pitfalls in this hasty transition to electric.