Business · Trade · 1 hr ago

China and EU agree principles for hybrid and electric car trade

China and EU agree principles for hybrid and electric car trade

China and the European Union have reached agreements on trade in hybrid and electric cars after intensive talks.

China says the hybrid-car arrangement will allow its exports to grow from the 2025 level, but neither side has announced a specific quota.

The two sides say the arrangement should not discriminate against Chinese companies and should follow World Trade Organization rules.

EU figures cited by China show that the bloc imported 302,000 hybrid cars from China in 2025, up from 107,000 in 2024.

For electric cars, the EU will continue procedures for company-specific price commitments and other reviews.

The sides say their agreements helped prevent trade tensions from escalating and provide more predictable conditions for trade and investment.

China says it retains the right to seek dispute resolution and compensation through the World Trade Organization.

Sources

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