China and EU seek common ground on export quotas for electric and hybrid vehicles
- China and the European Union held talks to discuss trade rules for hybrid and electric vehicles.
- Both sides agreed on export quotas for Chinese hybrid cars that meet EU import standards.
- The export quota for hybrid cars is set to increase, giving Chinese carmakers more certainty.
- The talks aimed to reduce trade tensions and improve relations between China and the EU.
Source: economictimes.indiatimes.com
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