World
EU-China Deal on Hybrid Electric Vehicles
The European Union reached a deal with China to limit imports of hybrid electric vehicles, reducing Chinese market share in the EU to 3%. The agreement uses WTO rules and is expected to significantly impact the automotive industry.
Coverage timeline — 1 article
The Guardian
Brussels uses WTO rules to quickly impose 350,000 vehicle-a-year quota, which will halve Chinese market share to 3%<a href="https://www.theguardian.com/business/live/2026/oct/12/uk-growth-inflation-pressures-oil-price-sveriges-riksbank-nobel-prize-economic-sciences-awarded-latest-n
2026-10-12 10:10 UTC