BMW CEO Milan Nedeljkovic opposes European Union tariffs on inexpensive Chinese electric vehicle imports. He acknowledges these imports pose a risk to European manufacturers. Nedeljkovic stated in a German newspaper interview that some Chinese EVs offer prices not commercially comprehensible. He believes this could encourage protectionism in Europe.
Nedeljkovic advocates for voluntary pricing agreements and political dialogue with China. He believes tariffs could escalate trade tensions. He urged a mutual understanding of market-based pricing to ensure fair competition. BMW manufactures its all-electric Mini in China for export. This production makes the company susceptible to potential trade war consequences.