The European Union is preparing so-called safeguard measures that would limit imports of Chinese hybrid vehicles into the bloc in a bid to reduce the trade deficit. The European Commission, which handles trade matters for the EU, may impose the restrictions after Chinese-made hybrid sales surged in Europe, according to people familiar with the matter. They now make up a quarter of total sales, while the growth of imports of Chinese electric vehicles, which already face steep EU tariffs, has slowed.
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