Quota Passes Intact

The European Commission secures enough backing from member states to implement the annual 400,000-unit ceiling with only technical changes. This is the most likely path because it extends the EU's existing China EV tariff posture while giving European automakers a managed transition after the 2035 combustion-engine rule softening.

Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.