Breaking News English

China agrees to halve hybrid car exports to EU

Hybrid Cars - Level 4

China will halve exports of hybrid cars to the European Union. Both sides were seeking to avoid a harmful trade war. The EU said the agreement could stop millions of cars from entering the EU. It said "negotiations bring results". EU carmakers are struggling to compete with cheaper Chinese imports. They are worried that China's rise could lead to factory closures and job losses. Despite these concerns, the EU said there could be better trade relations.

China is now a major player in the global car industry and has a foothold in many markets. The country's car companies are leaders in hybrid technology. They make competitively priced cars that are reliable and have good build quality. Motorists see them as more affordable alternatives to European brands. Sales of Chinese cars now make up around 10 per cent of the new car market in the EU. In the UK, this figure is nearly 20 per cent.

SPEED READING

Speed 1    |     Speed 2    |     Speed 3    |     Speed 4

MORE

Online activities    |    8-page printable   (PDF)

Hybrid Cars - Level 5

China has agreed to halve its exports of hybrid cars to the European Union. The deal was negotiated with both sides seeking to avoid a harmful trade war. The EU's trade commissioner said the agreement could prevent millions of vehicles from entering the EU. He said: "This package proves that negotiations bring results." EU carmakers are struggling to compete with cheaper Chinese imports. China's rise has increased fears of factory closures and job losses. Despite these concerns, the EU commissioner was pleased with the talks. He said they could help bring more equitable trade relations.

China has become a major player in the global car industry. Chinese manufacturers have a foothold in many markets worldwide. The country's auto companies have become world leaders in hybrid technology. Makers such as BYD and Xiaomi make competitively priced cars that are reliable and have good build quality. Motorists see these cars as more affordable alternatives to European and Japanese brands. Sales of Chinese cars now make up around 10 per cent of the new car market in the EU. In the UK, this figure is nearly 20 per cent.

SPEED READING

Speed 1    |     Speed 2    |     Speed 3    |     Speed 4

MORE

Online activities    |    8-page printable   (PDF)

Hybrid Cars - Level 6

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

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

SPEED READING

Speed 1    |     Speed 2    |     Speed 3    |     Speed 4

MORE

Online activities    |    27-page printable    |    2-page mini-lesson