New Delhi: China has filed a complaint against India in the World Trade Organization (WTO) over New Delhi’s subsidies for electric vehicles (EVs) and batteries.
Commerce Secretary Rajesh Agrawal said that the ministry will look at the detailed submissions made by China.
Confirming the move, an official said that China has also filed similar applications against Turkiye, Canada, and the EU.
The Chinese Commerce Ministry reportedly claimed that India’s measures provide an ‘unfair competitive advantage’ to its industries and undermine China’s national interest in international trade.
The ministry also highlighted that China will take “firm measures” to safeguard the rights and interests of its domestic industries.
According to an earlier report, China accounted for nearly two-thirds of global EV sales, contributing almost 1.3 million units, as per data from Rho Motion, a market research firm.
China’s complaint to the WTO comes amid media reports that India may launch a National Critical Mineral Stockpile (NCMS) programme, which aims to ensure the availability of rare earth elements in the country.
The programme aims to ensure the availability of rare earth elements in the country and promote the expansion of domestic rare earth mineral production.
These rare earth minerals are essential for the production of electric vehicles, wind turbines, and other green energy technology developments. This move may potentially turn out in India’s favour after China decides to impose restrictions on the export of these elements.
