Hybrid Cars

Stainless-steel pipes, valves and steel framing inside an industrial plant, in black and white.

EU Leaders Pressed Brussels for Quotas on Chinese Chemicals and Machinery. The Hybrid-Car Deal Covers €15 Billion of a €360 Billion Deficit.

At their Brussels summit on 15 October, EU leaders pushed for import quotas to protect chemicals and industrial machinery from Chinese competition, Euronews reports, and a senior EU official said the Commission will present two new trade tools by the end of the year. The bloc's annual trade deficit with China is a record €360 billion.

By Thomas Gutierrez 49 minutes ago

The Long View

Brussels Says China Will Halve Its Hybrid Exports to Europe. Beijing Called It an "Understanding."

After two days of talks in Beijing, the EU's trade chief said China had agreed to "moderate" exports of hybrid and plug-in hybrid cars, with the prospect of cutting them by more than half over four years. China's own list of 16 outcomes mentions an "understanding" and no number.

By Cory Chamberlain October 10, 2026

Tagged stories

EU Leaders Pressed Brussels for Quotas on Chinese Chemicals and Machinery. The Hybrid-Car Deal Covers €15 Billion of a €360 Billion Deficit.

Brussels Says China Will Halve Its Hybrid Exports to Europe. Beijing Called It an "Understanding."