EU Restricts Chinese Hybrid Imports; Stellantis, Renault Back UK Protectionism

The European Union has announced plans to limit annual imports of Chinese hybrid electric vehicles to 350,000 units, a move that would effectively halve China's current market share in the EU. This decision comes as the bloc seeks to protect its domestic automotive industry amidst soaring import numbers. The EU is leveraging World Trade Organization rules to implement this quota quickly.

In parallel, major European automakers Stellantis and Renault have voiced support for the UK's automotive industry, urging the British government to consider similar protective measures. Specifically, they advocate for the UK to be included in proposed "Made in Europe" legislation, which aims to bolster regional manufacturing. The executives also suggested that the UK government should explore limiting vehicle imports from China, reflecting a broader European concern over increasing competition from Chinese manufacturers.