Handel: EU und China einigen sich im Streit um Hybrid-Exporte

Beijing and Brussels have reached an agreement to avoid an escalation in the trade dispute over hybrid exports. According to a joint statement from the EU Commission and China's Ministry of Commerce, both sides reached a consensus in line with WTO rules on trade in hybrid vehicles on Friday evening. A compromise on electric car tariffs is also suggested.

The deal will limit imports of Chinese hybrid and plug-in hybrid vehicles into the EU, EU Trade Commissioner Maros Sefcovic announced at a press conference in Beijing. The number of such vehicles entering Europe will be half of what was previously predicted for the next four years. Sefcovic stated that this would result in "several million fewer Chinese vehicles" entering the European market compared to without the agreement.

The exact number of vehicles China will be allowed to export to the EU and how this compares to this year's imports were not disclosed by the EU Commissioner. He will present the deal to EU government leaders first, who must decide whether to accept the compromise with China.