Economy · World
China to Monitor EU on Hybrid Car Exports, BYD Recalls Vehicles
China stated it will monitor European Union actions regarding Chinese hybrid cars and opposes any 'voluntary limits' on exports. This comes as Chinese electric vehicle maker BYD announced a recall of over 180,000 cars in China due to a risk associated with the brake pedal. The EU is reportedly considering measures that could affect Chinese EV imports, including potential tariffs or voluntary export caps.
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- Centre (2): Channel News Asia, Reuters