China agrees to 'moderate' car exports to Europe: EU commerce chief

China has agreed to significantly reduce its exports of hybrid and plug-in hybrid cars to the EU, potentially cutting shipments by more than half over four years, amid efforts to rebalance trade and ease tensions in the automotive sector. Additionally, China committed to maintaining the supply of rare earth minerals to Europe, ensuring continued access to these critical materials.

This Wire brief sits within Fusion42's coverage of Micromobility, and 3 sources have reported it between 9 Oct 2026 and 10 Oct 2026.