The European Commission and China agreed to intensify efforts to avert EU import tariffs on China-built electric vehicles 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.

While both sides commit to further talks, European Commission plans to impose duties on Chinese EV imports to counter Beijing car subsidies The top trade officials from the European Union and China failed to reach a deal on ending a bitter dispute over electric vehicles during talks in Brussels on Thursday.