US-Greece Trade Agreement Boosts Hybrid Vehicle Exports
A new bilateral trade agreement between the United States and Greece has reduced tariffs on hybrid vehicles with diesel-electric propulsion systems (HS Code: 8703.60), encouraging an increase in exports from the US to Greece.
2023-10-15
Impact: This agreement is expected to increase the volume of plug-in hybrid diesel-electric vehicles exported to Greece, strengthening trade ties and benefiting US manufacturers.
Greek Demand for Plug-In Hybrid Vehicles Rises
Greece has seen a surge in demand for eco-friendly transportation solutions, including plug-in hybrid vehicles with diesel and electric motors, leading to higher imports from the United States.
2023-09-22
Impact: The growing demand in Greece is likely to result in a steady increase in US exports of these vehicles, potentially impacting pricing and supply chain dynamics.
US Exporters Face Logistics Challenges in Greece for Hybrid Vehicles
US exporters of plug-in hybrid diesel-electric vehicles have encountered logistical hurdles at Greek ports, causing delays in delivery to the European market.
2023-08-30
Impact: These delays may temporarily reduce trade efficiency and increase costs for US exporters, potentially affecting the competitiveness of these vehicles in Greece.
