China has reportedly pushed back against the European Union’s proposal to cap hybrid vehicle exports from Chinese automakers at 15 percent, fearing it could escalate tensions into a full-blown trade conflict. The move comes as Beijing seeks to protect its growing electric and hybrid vehicle industry, which has expanded rapidly in recent years. The EU’s request highlights deepening concerns over market competition and industrial subsidies between the two economic powers. With both sides holding significant leverage in global automotive trade, the standoff raises questions about how far either bloc will go to defend its interests.
China wants to safeguard Chinese automakers after the EU reportedly requested China limit hybrid vehicle sales to 15 percent to avoid a trade war.
