China opposes curbs on hybrid exports to EU, citing WTO rules: A Practical Look
China’s commerce ministry rejected voluntary export restrictions on hybrids, saying any solution between China and the EU must comply with WTO rules.
China’s commerce ministry rejected voluntary export restrictions on hybrids, saying any solution between China and the EU must comply with WTO rules.
Chinese automakers could capture 11% of annual US new car sales by 2038 if allowed into the market, according to Mobility Global.
BYD exported 183,746 NEVs in August, with its share rising 3.2 percentage points from July.
The EU is seeking a negotiated deal to limit imports of China-made hybrids and may raise tariffs if no agreement is reached.
Retail sales of imported cars fell 29% year-on-year to 190,000 units in the first half.
BYD continued to dominate China’s NEV export market in July with 173,721 vehicles, while Tesla China exported 66,330 units.