BMW German luxury carmaker CEO Oliver Zipse, speaks at the 2019 Frankfurt Motor Show (IAA) in Frankfurt, Germany, September 10, 2019. (Photo:REUTERS)

The EU has proposed an effective ban on fossil fuel cars from 2035 as part of a broader package of measures to combat global warming. 

Unlike rivals including Volkswagen and General Motors, BMW has not set an end date for production of ICE cars.

However, it has said it expects 50% of global car sales to be electric vehicles by 2030.