Volkswagen Skoda CEO believes that chip shortage mitigation is expected to be postponed in Euro 7

[Volkswagen Skoda CEO thinks chip shortage alleviates and Euro 7 emission standards are expected to be postponed] the CEO of Volkswagen Group's Czech car brand Skoda believes that the global semiconductor supply shortage is "greatly improving." coupled with sales growth in Europe and expansion in Asia, Skoda aims to increase production to pre-pandemic levels in the next 2-3 years. It plans to increase delivery to at least 1 million vehicles this year from 731300 last year. He is also optimistic that Euro 7 emission limits for fuel-fueled vehicles will be postponed.