Biden administration and EU consider delaying new rules for electrification transition

Recently, many foreign media reported that the US government and the European Union are considering postponing new regulations to further accelerate the transformation to electrification. In addition, Mercedes-Benz postponed its goal of achieving 50% of electric vehicle sales by 2025 to 2030, Volkswagen Group has abandoned plans to produce ID.3 at its largest car factory, and Apple has also abandoned its decade-long electric vehicle project.