Oct. 14 — The China Association of Automobile Manufacturers said China and the
EU reached a consensus on hybrid and electric vehicle trade under the bilateral
trade and investment consultation mechanism. CAAM said it welcomes the outcome,
will continue to act as a bridge to promote industry communication and
coordination, and supports implementing the consensus and resolving remaining
differences to preserve a fair, open, non-discriminatory trade environment and
facilitate the auto sector’s green transition.