EU-China hybrid car quota caps imports, limited relief for European automakers

The EU and China agreed to cap Chinese hybrid car exports to the EU at 350,000 units annually, more than halving the expected 800,000 imports this year. The deal follows EU tariffs on fully electric vehicles in 2024, which had driven a surge in hybrid imports. The quota may provide only marginal relief to European automakers, as it does not address broader competitive pressures and could shift trade patterns.

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