BMW CEO Krueger: EU’s 2030 CO2 target is unattainable

BMW i | October 6th, 2018 by 24
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At the Paris Motor Show, BMW CEO Harald Krueger said a higher reduction of CO2 emissions foreseen in Europe is simply unattainable.

“Hoping to reduce CO2 emission by 45 percent by 2030 is dreaming. It is just not possible,” Krueger said.

Last week, European Union lawmakers voted to impose a slightly lower CO2 limit of 40 percent by 2030, stricter than initial proposals of 30 percent.

“To get to a 45 percent CO2 reduction, we would need 70 percent of European sales being battery-powered vehicles, and the power infrastructure simply would not be able to handle it,” Krueger said.

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A 30 percent reduction is the “maximum stretch” the industry could manage, he said.

Krueger said that BMW will continue its electrification process with 25 vehicles by 2025 and a between 15 to 25 percent of the sales being of those electrified models. By 2020, 20 models will be plug-in hybrids. The iX3, i4, iNEXT and MINI E are four of the already known full EVs to be delivered by 2021.

BMW is on target to sell 140,000 electrified vehicles this year, Krueger said. The automaker reached 100,000 sales through September, the same volume it sold in all of 2017.

[Source: Automotive News]
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