The European Commission and China agreed to intensify efforts to avert EU import tariffs on China-built EVs and could re-examine a minimum-price deal previously rejected by the EU, the Commission said on Thursday.

Brussels and Beijing have agreed to take a new look at price undertakings, which could avoid extra tariffs on China-made electric vehicles.

The European Union and China agreed Thursday to intensify discussions as the two sides seek ways to avert looming tariffs on electric cars ahead of a deadline that’s only days away.Most Read from BloombergAOC Proposes $30 Billion Social Housing AuthorityThe Moonshot Plan to Eliminate Deaths on America’s RoadsCalifornia’s Anti-Speeding Bill Can Be a Traffic Safety BreakthroughNew York City’s Transit System Plans $65.

China's commerce minister said on Wednesday that Beijing will continue to negotiate "until the last minute" on the European Union's electric vehicle probe, with the investigation undermining confidence of Chinese companies investing in Europe.

In a significant development, the EU and China have agreed to lower tariffs on electric vehicles, benefiting Tesla and BYD. The move follows intense discussions about pricing and potential subsidies impacting the

Chinese electric vehicles (EVs) are poised to maintain their competitiveness in Europe, despite the European Union’s introduction of additional tariffs. Even with the revised rates that were lowered last month,

Spanish Prime Minister Pedro Sanchez said the European Union should rethink its plan to impose additional tariffs of up to 36% on Chinese-made electric vehicles, saying the bloc doesn’t need a trade war with Beijing.

The vote would pave the way for the duties to kick in starting in November unless a qualified majority — 15 member states representing 65 percent of the EU's population — opposes the move.

The European Union and China are seeking a mutually agreeable solution concerning tariffs on electric vehicles imported from China. EU Trade Commissioner Valdis Dombrovskis highlighted the need for an effective,

Europe needs China as a “strategic partner” in helping build the bloc’s electric vehicle industry, a top Spanish official said, echoing Prime Minister Pedro Sanchez’s position against EU plans to slap tariffs on Chinese cars.

Makiyama, Director of the European Centre for International Political Economy, speaks to CGTN Europe about the talks between Minister of Commerce of China Wang Wentao and Vice-President of the European Commission Valdis Dombrovskis.