EU to cap Chinese hybrid cars imports at 350,000 a year
Summary
The European Union will cap imports of hybrid vehicles from China at 350,000 a year from 2027 under a four-year safeguard measure. Brussels and Beijing reached the deal after talks aimed at avoiding a wider trade war over Chinese vehicle exports and EU concerns about unfair subsidies.
Key Points
- The EU will limit hybrid car imports from China to 350,000 vehicles a year starting in 2027, with the cap rising 6% annually from the second year.
- The measure follows talks between Brussels and Beijing as the EU tries to curb a surge in Chinese vehicle imports and avoid a trade war.
- The EU has already imposed extra tariffs on Chinese electric cars over alleged state subsidies.
- EU officials say they are also considering tools to support industries or regions affected by unfair trade practices and to diversify suppliers.
