China, EU reach hybrid vehicle trade understanding, keep talks alive on EV dispute - Reuters

China and the EU have reached an understanding regarding hybrid cars following two days of intensive discussions. This agreement aims to prevent a full-scale trade conflict between the two powers. While this specific progress on hybrid vehicles has been achieved, both parties intend to keep talks active to resolve the ongoing EV dispute. Beijing confirmed the statement, signaling a diplomatic effort to stabilize trade relations and avoid escalating tariffs through continued bilateral negotiations and strategic dialogue.