China holds intensive talks on hybrid, EV trade with EU
- On hybrid vehicles, both sides agreed that the export quota given to China would not be lower than quotas allocated to other imports sources
China and the EU held intensive consultations on hybrid and electric vehicle trade, agreeing on fair export quotas and non-discriminatory measures for Chinese firms.
- China-EU consultations on EV and hybrid trade.
- Agreed export quotas for Chinese hybrid vehicles.
- Non-discriminatory EU trade measures for Chinese firms.
BEIJING: China and the European Union held “intensive consultations” on the trade of hybrid and electric vehicles, as well as efforts to balance economic and trade concerns, the commerce ministry said on Monday.
On hybrid vehicles, both sides agreed that the export quota given to China would not be lower than quotas allocated to other imports sources, and that EU measures must not specifically target the country’s products or discriminate against its firms.
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Both also agreed on an upward adjustment of the 2025 hybrid vehicle export figure to ensure opportunities and stable growth for Chinese enterprises, the ministry added in its statement.