EU Asked China to Limit Exports of Hybrid Cars, "Financial Times" Advances . . Economic Journal

Observador

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The European Union asked China to voluntarily limit exports of hybrid cars to the European market in order to avoid further escalation of trade tensions.

Sapo

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According to the British newspaper, which cites three unidentified people familiar with the negotiations, Brussels wants the share of hybrid vehicles manufactured in China and sold on the EU market to be limited to around 15%, compared to over one third today.

Correio da Manhã

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The initiative comes at a time of growing concern in Europe about the impact of Chinese competition on the automotive industry.

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While traditional brands are losing ground, Chinese automakers are hitting a historic record in Europe. Find out how Brussels wants to curb their massive expansion.