EU seeks voluntary limits on Chinese hybrid exports; higher tariffs possible if talks fail
Automotive Steering System Market 2025 to 2032: Electrification, Autonomous Driving and the Reshaping of Global Supply →On September 18, 2026, the EU reportedly asked China to voluntarily limit hybrid car exports, seeking to cut Chinese-made vehicles' share of Europe's hybrid market to around 15% from over one-third. Brussels says higher tariffs remain an option if talks fail. This is a vehicle-trade measure rather than a steering-component supply event, but tariffs could reshape sourcing footprints for steering systems in Europe-built hybrids.
Severity: how big the impact would be if this plays out.
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Monitor EU-China trade talks for tariff escalation affecting hybrid imports and assess exposure of European steering-supply volumes
A new tariff outcome could shift production and sourcing patterns for steering systems serving European hybrid programs.
Source · market.us
## Report Overview The Global Automotive Steering System Market size is expected to be worth around USD 50.1 Billion by 2035 from USD 36.2 Billion in 2025, growing at a CAGR of 3.3% during the forecast period 2026 to 2035. The Automotive Steering System Market encompasses mechanical and electronic components that enable directional control of vehicles. These syste
Source · oica.net
## Safer ## Cleaner ## Smarter # International Organization of Motor Vehicle Manufacturers ## Upcoming event(s) ## Latest News Stay updated with our latest news ### OICA'S TOP 5 NEWS ### Francois Roudier September 18, 2026 EU asks China to voluntarily limit hybrid car exports The EU reportedly wants China to limit hybrid exports, reducing Chinese-made vehicles’ share of Europe’s hy