EU asks China to cap hybrid exports at 15% market share or face tariffs

Brussels, already taxing Chinese EVs, now pressures Beijing to voluntarily limit hybrid exports to 15% of the European market, as shipments surged from 3,800 units in October 2024 to ~50,000 in July. China calls it protectionist; the EU prefers negotiation but threatens sanctions. This extends the EU-China trade conflict into a new segment, raising risks of retaliatory measures.