AdvtJoin the community of 2M+ industry professionals. Subscribe to Newsletter to get latest insights & analysis in your inbox. All about ETAuto industry right on your smartphone! Download the ETAuto App and get the Realtime updates and Save your favourite articles. China looks forward to more of its EV makers reaching agreements on minimum prices with the European Union, a Chinese commerce ministry ‌spokesperson ⁠said ⁠on Thursday, softening its previous criticism of firms negotiating with the bloc individually.China is willing to maintain communication with the EU, and "both sides support Chinese EV ⁠makers to ‌make good use of price undertakings," ministry spokesperson ⁠He Yadong said during a regular press briefing.The European Commission this week approved a request by German auto giant Volkswagen's Cupra brand to exempt its China-made Tavascan SUV coupe from ‌import tariffs in exchange for an agreed minimum price and a sales ⁠quota.That followed months of intense discussions that led to the first exemption since the European Union introduced tariffs against China-based EV makers in 2024.

Source: Economic Times February 12, 2026 10:32 UTC