While recently speaking at the Paris Auto Show, BMW chief executive Oliver Zipse said a new regulatory framework is needed to play into Europe’s technological strengths. Read: B

BMW CEO Oliver Zipse on Tuesday called for an end to Europe's planned phaseout of new internal-combustion vehicle sales halfway through the next decade, arguing that it will force European automakers to rely on batteries from China.

Europe must cancel its plan to ban new fossil fuel-emitting cars from 2035 to reduce reliance on China's battery supply chain and play to its technological strengths, BMW's chief executive said on Tuesday.