China has reportedly pushed back against the European Union’s proposal to cap hybrid vehicle exports from Chinese automakers at 15 percent, raising concerns over potential trade tensions. The move comes as Beijing seeks to protect its growing electric and hybrid vehicle industry amid rising competition in global markets. The EU’s request highlights broader disputes over market access and industrial subsidies between the two economic powerhouses. Industry observers warn the standoff could escalate into broader restrictions on automotive trade.
China wants to safeguard Chinese automakers after the EU reportedly requested China limit hybrid vehicle sales to 15 percent to avoid a trade war.
