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EU and China Agree to Slash Hybrid Car Imports | Hong Kong News

China and the European Union have agreed to reduce Chinese exports of hybrid and plug-in hybrid vehicles to the EU by over 50%, addressing the EU's significant trade deficit. European Trade Commissioner Maros Sefcovic emphasized that this agreement follows two days of negotiations in Beijing aimed at rebalancing trade ties. Meanwhile, imports of Chinese plug-in hybrids surged 86% in the past year, raising concerns in the EU. Additionally, the EU expects improved access for its products in www.TheDailyNewsNow.com This is an automated, high-level news summary based on public reporting and…

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