BMW has been developing electric powertrains longer than its German brethren, yet its CEO is against a quick transition from internal combustion-based propulsion to EVs.
see photosGypsies also fear excessive dependence on China
BMW boss Oliver Gipes isn’t a big fan of going all-in on electric cars. He has often warned about the implications of going completely to electric powertrains and against banning cars based on internal combustion engines because it would be financially bad for the German automotive giant to consider EV first as a fix for the foreseeable future. may not be able to invest from , On the sidelines of the New York Auto Show, he again expressed his opposition to the move to fully electric vehicles and warned of consequences that many might not have imagined.
“When you look at the technology that’s coming out, the EV push, we have to be careful because, at the same time, you increase your dependency on too few countries. If someone can’t buy an EV for some reason but needs a car, then what? You can instead avoid the fact that most of the battery supply for EVs is coming out of China, Gipsy said that it will continue to run its old car forever. If you’re not selling combustion engines anymore So someone else will.
BMW’s i4 is critically acclaimed for its build quality and driving dynamics
Gippes acknowledged that internal combustion engine based vehicles should be more efficient for both cost reasons and the environment. Oil prices have skyrocketed globally in light of Russia’s invasion of Ukraine, but Gypsy believes these rates may not last long.
“We have a peak now, they may not peak, but they won’t go back to prior prices. How much energy you need and use, and circularity, is important for environmental reasons, but also more so for economic reasons.” is.” He added.
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This year BMW has launched a few EVs. Of all the German automotive companies, BMW was probably the first to develop electric powertrains, but it hasn’t made much progress with EVs. However, its latest offerings like the i4 and iX have made their mark in the European market.
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