At the same time, Luca de Meo himself complained about the lack of practice in Europe to support production, as research and development work is mainly subsidized. But the most pessimistic was BMW CEO Oliver Zipse, who described China’s growing competitiveness this way:
– I want to send a signal: I consider this an imminent risk…
Referring to the EU’s plans to ban cars with combustion engines by 2035, he predicted: “The core segment of the car market will either disappear altogether or not be occupied by European manufacturers.”
It smells like kerosene
In fact, not only Mr. Zipse, but also the other two car bosses spoke with boring consistency about electric vehicles. However, we will forgive everything. On the one hand, they simply had no choice but to prioritize the “green” issue: this would throw them out of the liberal trend – something unforgivable in the modern world. On the other hand, not only Chinese cars with combustion engines, but also Chinese ‘electric trains’ are attacking Europe.
Moreover, it is unknown which of them attacks more aggressively. And if we ignore the ritual bows and reassuring bows, it becomes clear that European manufacturing workers – unlike politicians – started to feel like things were starting to smell like kerosene to them.