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.

China and the EU have agreed to re-examine the possibility of Chinese automakers selling electric vehicles (EV) for a minimum price to avoid definitive tariffs of up to 35.3%,

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.

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

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.