EU and China agree hybrid car import quota
AI-generated briefing · First published
EU plans 350,000-unit annual quota for Chinese hybrids from 2027; China will cut some tariffs.
The EU and China reached an understanding on hybrid-vehicle trade after talks in Beijing on 8-9 October. The EU intends to cap Chinese hybrid imports at 350,000 units in 2027, rising 6% annually for three years, with excess vehicles facing extra tariffs. China will accept the quota and will not retaliate. [1] [2]
China’s Commerce Ministry confirmed three principles: basing the quota on 2025 imports of 302,000 units, ensuring non-discrimination, and complying with WTO rules. China will also halve tariffs on shoes, ice cream and olive oil, covering about 4 billion euros of exports. [1] [2]
Sources
- 歐盟擬設中國混動車進口配額 最快12月生效
DW Chinese · · Full text
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ITHome · · Summary only