BMW Says EU Ban on Gasoline Cars from 2035 Is “No Longer Realistic”

Germany’s car manufacturing giant BMW is warning that an EU ban on the sale of gasoline and diesel cars from 2035 is “no longer realistic” amid slow EV sales as the European auto industry will see a “massive shrinking” with such a ban. European carmakers are already struggling with their EV sales as subsidies in many countries are coming to an end and Chinese low-cost vehicle makers are gaining market share. Last year, the EU member states approved an emissions regulation under which the bloc will end sales of new…