China says talks with EU on electric vehicle minimum price plan resumed

China's commerce ministry said on Thursday negotiations with the European Union over a minimum price plan for China-made electric vehicles have restarted and would continue into next week, while urging the bloc not to talk independently with producers.

The EU increased tariffs on Chinese-built EVs to as much as 45.3% last October, but Brussels and Beijing have floated the idea of lifting the tariffs through possible commitments to minimum prices for imported cars.

-Joe Cash/Reuters