Setting a date to phase out gas-powered vehicles could remove 'cheap cars' from the market, putting ownership out of reach for many, and be politically dangerous, the board chair of German automaker BMW Oliver Zipse said on Wednesday.
in South Carolina, Zipse said in an interview that BMW has not set a date to end production of gas-powered vehicles and cautioned against banning their sale.
Zipse said "there is no signal" that on a global scale the combustion engine will be obsolete within the next 15 years. "As a politician I would be mega-careful... because you're taking away cars by regulation," Zipse said. However, he added that where there are regulations mandating only zero-emission models "we are ready, we will have enough cars."
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