EU-China deal aims to cut Chinese hybrid exports to Europe by more than half

Chinese carmakers have sold more hybrids in Europe because these cars are not covered by the EU’s extra tariffs on Chinese electric cars.

The EU and China say they have reached an understanding to cut exports of Chinese hybrids and plug-in hybrids by more than half over four years.

European carmakers had asked for restrictions.

The change could affect Chinese brands that have expanded their hybrid sales in Europe.