Monday, May 22, 2024
by
Published
Views:
Several Chinese automakers have recently travelled to Beijing to discuss the allocation of EU hybrid vehicle export quotas with relevant authorities, following an understanding reached between China and the EU on hybrid vehicle trade.
According to a person familiar with the matter, the total quota available under the arrangement is limited, leaving relatively little for each company. Automakers are seeking to secure allocations.

China's Ministry of Commerce previously said that the two sides had agreed on an arrangement above the 2025 baseline, intended to safeguard export opportunities and stable growth for Chinese companies. The reported allocation discussions indicate that how the overall export space is divided among automakers is now a central question.
Individual allocations could affect how much each company can plan to export under the arrangement. The practical impact will depend on the allocation terms and the amounts ultimately available to each automaker.

The Archive Newsletter
Critical industrial intelligence delivered every Tuesday. Peer-reviewed summaries of the week's most impactful logistics and market shifts.