China, EU reach deal to 'moderate' China's car exports to EU
AI Summary
China and the European Union have reached an agreement to moderate Chinese exports of electric and plug-in hybrid cars to the EU, potentially reducing shipments by up to 50%. The reported deal was described by an EU trade envoy.
An agreement between the EU and China would reduce exports of Chinese electric and plug-in hybrid cars to the 27-member European bloc by up to 50%, according to the EU trade envoy.
World Politics Markets Deals Commodities China European Union electric vehicles plug-in hybrids car exports trade agreement export limits