EU caps Chinese hybrid imports
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The European Union and China agreed that the bloc will cap imports of Chinese plug-in hybrid cars at 350,000 annually from 2027, more than halving current levels.
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Reposted by Simon Lester
- Yearly quota of 350,000 hybrid units with fixed annual increase adjustment rate of 6%. This will cut by more than half the current Chinese exports to the EU, which is estimated to reach around 800,000 units in full year 2026
- Yearly quota of 350,000 hybrid units with fixed annual increase adjustment rate of 6%. This will cut by more than half the current Chinese exports to the EU, which is estimated to reach around 800,000 units in full year 2026
Reposted by Simon Lester
China to lower value-added tax export rebate for EVs including hybrid to 9% from 13% from April 1 2027
Beijing effectively reducing a financial incentive to export cars, dovetailing with EU concerns about flood of cheap Chinese EVs
China to lower value-added tax export rebate for EVs including hybrid to 9% from 13% from April 1 2027
Beijing effectively reducing a financial incentive to export cars, dovetailing with EU concerns about flood of cheap Chinese EVs
Reposted by Simon Lester
Per diplomatic sources, EU imports of Chinese hybrid cars will be capped at 350,000 per year from December 1, via the use of a safeguard measure.
This is what Commission proposed, still needs approved by capitals
Per diplomatic sources, EU imports of Chinese hybrid cars will be capped at 350,000 per year from December 1, via the use of a safeguard measure.
This is what Commission proposed, still needs approved by capitals
robbieandrew.github.io/china
robbieandrew.github.io/china
Reposted by Ralf Martin