China Agrees To Limit Hybrid Imports To EU To 350,000 Annually

• The EU and China have reached a trade agreement to limit the import of hybrid cars to 350,000 per year.
• In some countries, Chinese PHEVs and hybrids outsell full EVs.
• This will not affect hybrid models made in the EU.

There has been a trade war brewing between the European Union and China, and electrified vehicles are part of a deal to ease tensions. Going forward, China has agreed to cut exports of conventional and plug-in hybrids to Europe in half, the EU’s trade commissioner, Maroš Šefčovič, said on Friday. Various outlets report that the cap will be 350,000 units per year, with that number increasing by 6% annually.