China Stocks Surge as EU and Beijing Avoid Hybrid Tariffs for Now - Eletric-vehicles.com

The European Union and China have reached an understanding to halve Chinese exports of hybrid and plug-in hybrid vehicles to the EU over four years, consistent with WTO rules, though details of enforcement and exact figures remain unclear. The deal also includes improved access to the Chinese market, easing of rare earth export licensing, and ongoing tariff dialogues, while Chinese carmaker shares rose following the announcement.

This Wire brief sits within Fusion42's coverage of Micromobility, and 2 sources have reported it.