China agrees to ‘halve’ hybrid car exports to EU in landmark deal
Brussels says Beijing’s shipments could fall by more than half over four years, cutting millions of vehicles amid fears for European jobs The EU said it has…
The Guardian reports: Brussels says Beijing’s shipments could fall by more than half over four years, cutting millions of vehicles amid fears for European jobs The EU said it has reached a landmark deal with China to “halve” its sales of hybrid cars in the bloc amid fears surging sales could kill off parts of the European car industry.
This business story centres on China. Names and organisations mentioned in the coverage include EU, European and Brussels.
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Business and economic news can ripple through prices, jobs, investments and household budgets.
Key details
- Location
- China · Asia
- Reported by
- The Guardian
- First reported
- Key names
- EU, European, Brussels, Beijing
- Section
- Business
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