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Story summary
- EU sets import quota on Chinese hybrid cars at 350,000 units per year starting Dec 1 2026.
- The quota will rise 6 % annually from the second year and run for four years.
- EU officials expect the measure to halve China’s 6 % hybrid market share, about one-quarter of August sales.
- China agreed to cut tariffs on EU auto parts, olive oil and footwear, saving at least €225 million.
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