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Climate

EU deal with China limits imports of hybrid electric vehicles

Brussels uses WTO rules to quickly impose 350,000 vehicle-a-year quota, which will halve Chinese market share to 3%

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EU deal with China limits imports of hybrid electric vehicles

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VW boss backs EU plan to bolster domestic industry

The EU is to limit the number of hybrid electrical vehicles imported from China to 350,000 cars a year, the European Commission has confirmed.

Imports have been soaring in the last two years with about 800,000 battery and plug-in hybrids likely to be sold this year.

Source: The Guardian ↗

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