EU, China reach understanding on controlling China's export of hybrid cars
By Cynthia Kroet ( October 9, 2026, 14:13 GMT | Insight) -- The EU and China have reached an understanding on controlling Chinese exports of hybrid vehicles to the European Union, potentially cutting shipments by more than half, EU trade chief Maroš Šefčovič said after talks in Beijing. China also pledged better market access for EU goods and easier export licensing for rare earths and permanent magnets. Šefčovič described the outcome as a first step toward rebalancing trade ties.The EU and China have reached an understanding on controlling Chinese exports of hybrid vehicles to the European Union as a first effort to rebalance their trade relationship, EU Trade Commissioner Maroš Šefčovič said on Friday....
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