EU and China Agree to Limit Electric Vehicle Exports
The European Union and China concluded an agreement to curb Chinese exports of electric and hybrid vehicles into the European single market. European Trade Commissioner Maroš Šefčovič said the pact addresses European trade imbalances and secures access to essential Chinese exports of rare earth elements. The deal follows months of negotiations over European tariffs on subsidized Chinese car manufacturing.
Maroš Šefčovič is a Slovak diplomat and the European Commissioner for Trade. He has served in the European Commission since 2009, previously managing portfolios covering energy policy, institutional relations, and the European Green Deal. In his trade post, he leads EU international commercial negotiations, including high-stakes trade disputes with partners like China.
