BMW Chief Executive Officer, Nedeljkovic, advocates for technological openness rather than a proposed EU fuel ban.
BMW board member Milan Nedeljkovic has voiced concerns about the EU's planned ban on internal combustion engines, arguing that a more flexible approach is necessary to maintain competitiveness and consumer choice in the investment basics of the automotive industry.
In an interview with news magazine 'Focus', Nedeljkovic emphasised the importance of Europe's competitiveness, particularly in the automotive industry. He argued that the 2035 ban on internal combustion engines, as per BMW, needs adjustment, suggesting that a restrictive approach could limit consumer choice and innovation in the industrial revolution.
Nedeljkovic also highlighted the need for continued fidelity investments to maintain prosperity. He believes that industrialization is crucial for the effectiveness of innovations, and that it requires larger investments. However, he also stressed the importance of social acceptance of these investments.
BMW values the combination of Germany's university landscape with industry as a unique selling point. According to the executive, this combination drives innovations in Germany. Every drive type, according to BMW, can and must contribute to CO2 reduction. Technology openness is crucial, as per BMW, for CO2 reduction in the future.
Nedeljkovic also called for Europe to create framework conditions to attract new technologies. He believes that this will be key to maintaining Europe's competitiveness in the global market. The interview was conducted by the dts news agency, but no specific industrialization projects or fidelity investments were mentioned in the statement.
BMW's stance on the EU's planned ban on combustion engine vehicles from 2035 is shared by the automotive industry. The company demands a critical re-evaluation of the 2030 targets and the planned full ban on vehicles with internal combustion engines from 2035.
Nedeljkovic concluded by stating that every innovation must be implemented on an industrial scale. He believes that industrialization requires larger fidelity investments, and that these investments must be supported by social acceptance. He also expressed his belief that Germany remains a highly innovative country, and that BMW continues to value this combination.
Read also:
- MRI Scans in Epilepsy Diagnosis: Function and Revealed Findings
- Hematology specialist and anemia treatment: The role of a hematologist in managing anemia conditions
- Enhancing the framework or setup for efficient operation and growth
- Hydroelectric Power Generation Industry Forecasted to Expand to USD 413.3 Billion by 2034, Projected Growth Rate of 5.8% Compound Annual Growth Rate (CAGR)
