European Union to restrict Chinese hybrid cars imports to 3,50,000 per year, says report

The European Union (EU) has agreed to limit hybrid car imports from China as part of its four-year deal and shared the expected timeline from which the EU will implement the measures, multiple agencies reported, citing a European Commission official.

The official said the EU would limit hybrid four-wheeler imports from China to 350,000 cars per year and would allow an annual increase of 6 per cent.