Business · Trade · 2 hrs ago

Chinese hybrid car imports to Europe forecast to reach 800,000 this year

Chinese hybrid car imports to Europe forecast to reach 800,000 this year

Europe is expected to import 800,000 Chinese hybrid cars in 2026, up from 300,000 in 2025, according to a PwC forecast.

The forecast covers conventional hybrids and plug-in hybrids, whose imports have risen sharply this year.

EU tariffs on Chinese-made electric cars do not apply to hybrids, helping make hybrids a growing part of Chinese car imports to Europe.

China’s domestic car sales have been weak, and fewer buyers there have chosen hybrids, leaving manufacturers with more reason to export them.

Imports of Chinese electric cars have also continued to grow, passing 500,000 through September, 55% more than in the same period last year.

The EU and China agreed to limit hybrid imports to 350,000 in 2027, with the limit set to rise by 6% a year under a four-year agreement.

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Daniel GrosSenior researcher at Bocconi University's European Policy-Making Institute
The demand for hybrids has fallen sharply in China this year, as incentives were withdrawn and consumers opted for electric cars.
via La Vanguardia
The boost to exports is a natural outlet for existing domestic production capacity
via La Vanguardia