China and EU reach preliminary understanding on hybrid and electric vehicle trade2026-10-12China and the EU said they had reached a preliminary understanding after intensive consultations on hybrid and electric vehicle trade.The understanding includes a commitment that China’s hybrid export quota will be no lower than quotas for other import sources, and that EU measures will not specifically target Chinese products or firms.The two sides also agreed to adjust hybrid vehicle exports upward based on 2025 figures, according to China’s commerce ministry.The package includes steps to ease Chinese export licensing for rare earths and cuts to some Chinese tariffs on European goods, which the European Commission says will save exporters at least €225 million.The EU trade commissioner said the agreement could reduce Chinese hybrid-vehicle shipments by more than half over four years.China, EU reach breakthrough consensus on Hybrid and EV trade (The News International)EU-China trade deal raises fears Brussels will go soft on Beijing (Euronews)La Unión Europea y China acuerdan moderar las exportaciones de vehículos híbridos chinos al bloque comunitario (Infobae)Ekspor Mobil Hybrid China ke Eropa Terancam Turun, Ini Sebabnya (Liputan6.com)China's hybrid boom faces new curbs under EU deal (Daily Sabah)The limits of China’s trade concessions to Europe (The Business Times)