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EU Urges China to Cap Hybrid Car Exports

By Drooid · · How we work

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Story summary
  • The European Union has asked China to voluntarily limit hybrid car exports to the EU market.
  • Brussels wants Chinese hybrids to account for about 15% of EU sales, down from over one-third.
  • EU officials say the daily trade deficit with China is roughly €1 billion ($1.14 billion).
  • Trade Commissioner Maros Sefcovic will visit China early next month, aiming for results by October.
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