China, EU Agree on Steps to Resolve EV Import Dispute

• China and the EU have agreed on steps to resolve their dispute over Chinese-made electric vehicle imports.
• The EU will issue guidelines on minimum pricing for Chinese auto exporters, though it's unclear if this ends existing tariffs.
• The EU imposed tariffs up to 35.3% in 2024, citing unfair government subsidies for Chinese EVs.
• The US also enacted a 100% tariff on China-made electric cars in 2024.
• Chinese car brands are expanding in Europe, with their market share rising to 6% in the first half of 2025.

Why It Matters: China and the EU are working towards resolving their EV import dispute, focusing on pricing guidelines.