China says hybrid car export deal with EU can avoid 'escalation of frictions'

China and the EU have reached a preliminary agreement to cut Chinese hybrid vehicle exports to the EU by more than half over four years, as part of a broader trade deal aimed at reducing tensions and avoiding escalation. The pact also involves reducing Chinese import duties on approximately €4 billion worth of EU exports and continuing dialogue on tariffs and market access for various products.

This Wire brief sits within Fusion42's coverage of Electric Vehicles, and 6 sources have reported it between 7 Oct 2026 and 12 Oct 2026.