EU deal with China limits imports of hybrid electric vehicles
The European Union has reached a deal with China to cap imports of plug-in hybrid electric vehicles at 350,000 units per year. This measure, intended to protect the domestic European automotive industry, will effectively halve China's current market share in the region.
Why it matters
This represents a significant shift in trade policy and protectionism within the global electric vehicle market.
Any Chinese plug-in hybrid electric vehicles (known as PHEVs) imported above the new quota level will remain blocked in customs at docks in Europe. Any Chinese plug-in hybrid electric vehicles (known as PHEVs) imported above the new quota level will remain blocked in customs at docks in Europe. Electric, hybrid and low-emission cars EU deal with China limits imports of hybrid electric vehicles Brussels uses WTO rules to quickly impose 350,000 vehicle-a-year quota, which will halve Chinese market share to 3%
VW boss backs EU plan to bolster domestic industry
Prefer the Guardian on Google The EU is to limit the number of hybrid electrical vehicles imported from China to 350,000 cars a year, the European Commission has confirmed.
Imports have been soaring in the last two years with about 800,000 battery and plug-in hybrids likely to be sold this year.
Get smarter about the news
Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.
Create free accountAlready have an account? Sign in