China’s automotive industry association has expressed support for a recent trade agreement between the European Union and China aimed at easing restrictions on hybrid and electric vehicles. The deal is expected to reduce tariffs and streamline regulatory barriers, potentially boosting cross-border sales and investment in cleaner vehicle technologies. Industry representatives highlighted the agreement as a step toward fostering closer collaboration in sustainable mobility between the two major economies. Analysts suggest the move could accelerate the adoption of electric and hybrid models in both markets.
China auto industry group welcomes EU trade consensus on hybrid, electric vehicles MLex