BMW CEO criticises lack of battery charging capacity in Europe

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Germany’s battery charging capacity is not keeping pace with the sales of electric cars, BMW chief executive Oliver Zipse warned on Wednesday, as the company presented third-quarter figures showing a strong rise in profits. While electric cars were gaining acceptance, the expansion of the charging network was lagging, he said, cautioning against the setting of exaggerated targets for ending the production of internal combustion engines. In Germany, sales of electric cars were growing at five times faster than charging capacity, “and in many EU countries there is no network at all with charge p…

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