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China has to halve its exports of hybrid cars to the European Union over the next four years. The landmark deal intense negotiations, as both sides to avoid a harmful trade war. The EU's trade commissioner, Maros Sefcovic, said the agreement could millions of vehicles from the European market. He said: "This package that negotiations bring results." European carmakers have to compete with cheaper Chinese imports. China's rise has fears of factory closures and job losses in Europe. Despite these concerns, Mr Sefcovic pleased with the talks. He said the deal "only a first step" towards more equitable trade relations.

China has rapidly a major player in the global car industry. Chinese manufacturers have a foothold in many markets worldwide. China's auto companies have world leaders in electric and hybrid technology. Chinese cars now very popular with motorists across the globe. Makers such as BYD, Xiaomi, and Geely competitively priced vehicles that reliable and good build quality. Consumers these cars as more affordable alternatives to European and Japanese brands. Sales of Chinese cars in the EU now up around 10 per cent of the new car market. In the UK, this figure has steadily to nearly 20 per cent.