BMW reaffirms commitment to Germany as a key innovation hub, acknowledging the nation’s continued strength in technological advancement. In an interview with “Focus” magazine, BMW board member Milan Nedeljkovic emphasized Germany’s unique advantage stemming from the close relationship between its academic institutions and industrial sector. This synergy, he stated, is a defining characteristic fostering critical innovation.
However, Nedeljkovic cautioned that maintaining this advantage and securing future prosperity requires more than just fostering innovation; it demands robust industrialization. He stressed the necessity for substantial investments and societal acceptance of these investments to translate innovative concepts into tangible, large-scale production.
The executive highlighted that the comparatively easier pace of large-scale project implementation currently seen in the United States and China underscores the need for Europe to focus on competitiveness and create attractive framework conditions to draw in developing technologies. This includes reassessing existing regulations, such as the EU’s planned ban on internal combustion engines.
Nedeljkovic specifically called for a critical review of the targets set for 2030 and the proposed complete ban on combustion engine vehicles from 2035. He argued that maintaining technological openness is crucial, asserting that all propulsion methods have the potential to contribute to reducing carbon emissions and should remain viable options for the future.