Bmw CEO O’Donnell apologized for critical comments about electric vehicles

Article by Christian A., on May 1, 2011

In a statement on BMW’s Web site, CEO Jim O'Donnell gave an apology and clarified comments that he made on April 18 about electric vehicles as reported first by The Detroit News.

O’Donnell had told reporters in New York that the U.S. government has to end the $7,500 tax credit for EVs. He also expressed doubts on the quick adoption of EVs, saying that they are not practical and will not work for at least 90% of the population with its current battery range.

O’Donnell has since backtracked from those comments. In the statement, he apologized for “offending the network of electric vehicle advocates whose support has been deeply meaningful to us at BMW.” O'Donnell said that he is "100% behind” BMW’s plans to design, develop, lease and sell electric vehicles.

On April 18, O'Donnell told reporters that as he believes in a free economy, all tax credits should be abolished since what the government is doing is betting on technology – a move that he doesn’t think is appropriate.

He emphasized though that he was only giving his personal opinion. O'Donnell said that BMW will accept tax credits for EVs but he wants a "level playing field" between various technologies such as clean diesels, which he thinks are "slightly disadvantaged" by tax policy.

Topics: bmw, electric car

If you liked the article, share on:

Comments

Recommended

British luxury automaker Aston Martin celebrates its new partnership with the Henley Royal Regatta sporting event by designing a one-off DB11 sports car that they recently revealed. The car explores...
by - June 28, 2017
The 2018 Dodge Challenger SRT Hellcat as we know, is the Demon's less powerful sibling, and there’s nothing wrong with that. But have you ever imagined how it would look...
by - June 28, 2017
Sorry Uber, but Handsome Cabs taxi company has something no one else can offer - a Lamborghini Huracan that can take their clients from Point A to Point B. This...
by - June 28, 2017
BMW saw a potential oil leak on the new M760Li, prompting them to recall the said vehicle last April. Today, a little over two months after issuing the first recall,...
by - June 28, 2017
Without a doubt, the SUV segment is getting increasingly more saturated. This month alone, we were greeted with city-oriented SUVs from the Kia Stonic to the Hyundai Kona, and now...
by - June 27, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries