Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News!
It was inevitable, really. From the moment the Inflation Reduction Act was signed, it was only a matter of time before China disputed the rather generous rebates awarded to US-made electric cars and production credits for making EV batteries in the US with materials and components sourced from countries that have friendly trade relations with the US. The wonder is that it has taken this long.
This week, the Chinese empire struck back when it initiated dispute settlement proceedings against the United States at the World Trade Organization to safeguard its interests in the electric vehicle industry, the Chinese mission said on March 26, 2024. The WTO has confirmed that a dispute case was filed by China against the United States, according to a report by CNBC.
China said it was contesting…
Read the full article originally published at cleantechnica.com.