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The chairman of German carmaker Volkswagen’s supervisory board on Thursday called on the EU to relax CO2 emission performance standards. “We know today that the demand for electric cars in Europe is falling far short of expectations,” said Hans Dieter Pötsch, according to a manuscript of his speech at the Vienna Electric Days gathering. “Electromobility will prevail, but it will take more time. That is why the CO2 targets for 2025, 2030 and 2035 need to be adjusted and adapted to reality,” he said. His comments refer to the EU’s phased plan to reduce the amount of CO2 emitted by new cars. The …

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