EU auto industry proposes delaying 2025 emissions target

The EU automotive industry lobby group plans to submit a proposal to the European Commission, saying that the EU should use emergency regulations to postpone the 2025 emissions target for automakers by two years. This move comes against the backdrop of poor demand in the European electric vehicle market, and vehicle companies seem to have lost their original ambitions in their electrification strategies, and even show signs of "reversing course".