GAC Group has officially declared its support for the recent consensus reached during the China-EU Trade and Investment Consultation Mechanism (TIC) meetings, specifically highlighting the agreement on hybrid vehicle trade. This development is seen as a significant opportunity for the Guangzhou-based automaker to further deepen its presence and operations within the European market.
The statement from GAC Group emphasizes that the principles established during the consultations are grounded in respect for facts, fairness, and adherence to World Trade Organization (WTO) rules. These principles aim to balance the legitimate rights and interests of all parties involved, address relevant concerns, and ultimately lay a solid foundation for stable, long-term cooperation between Chinese and European enterprises. The company believes this agreement will be instrumental in mitigating trade friction, ensuring the stability and smooth flow of the automotive industry’s supply chains, and creating a more predictable environment for trade and investment.
GAC Group reiterated its commitment to moving beyond “Made in China” to “Globally Trusted.” The company cited its consistent strategic focus, robust technological capabilities, and in-depth localization efforts as key drivers for its successful international expansion, providing global users with enhanced mobility experiences. Building on this foundation, GAC Group pledged to continue its operations in compliance with laws and regulations. The recent consensus on hybrid vehicle trade is viewed as a pivotal moment, prompting GAC Group to intensify its efforts in the European market, foster mutually beneficial collaborations with European partners, and deliver high-quality products and services to consumers.
The company expressed its dedication to contributing to the joint development of the China-EU automotive industry and promoting the steady advancement of economic and trade cooperation between China and Europe. This proactive stance aligns with the broader trend of Chinese automakers seeking to expand their global footprint, particularly in mature markets like Europe.
The recent TIC meeting, held in Beijing on October 8-9, 2026, involved China’s Minister of Commerce, Wang Wentao, and the EU’s Commissioner for Trade and Economic Security, Maroš Šefčovič. Among the key outcomes was the agreement to explore the possibility of reducing tariffs on certain goods within the WTO framework. The specific understanding reached on hybrid vehicle trade was achieved through intensive discussions, ensuring compliance with WTO rules.
GAC Group’s announcement follows similar supportive statements from other major Chinese automotive players, including BYD, Chery, and Geely Holding Group. These companies have all expressed optimism regarding the positive impact of the China-EU trade consultations on creating a stable, predictable, and sustainable cooperation environment for hybrid vehicle trade. The China Association of Automobile Manufacturers (CAAM) has also voiced its support for the consensus reached on trade issues concerning both hybrid and electric vehicles.
The automotive sector has been a focal point in recent China-EU trade dialogues, given its significant economic importance and the complex interplay of supply chains and market access. The agreement on hybrid vehicles, in particular, reflects a nuanced approach to managing trade in a rapidly evolving automotive landscape, where different powertrain technologies are gaining prominence.
GAC Group’s strategic move to leverage this consensus underscores its ambition to become a significant player in the European automotive market. The company’s focus on quality, innovation, and localized strategies, coupled with a favorable trade environment, positions it well for future growth and collaboration across the continent.
