WTO to review India's EV, battery policies after China raises trade concerns

• The WTO's Dispute Settlement Body (DSB) agreed to establish a panel on February 24 at China’s request.
• The panel will examine certain measures imposed by India in the automotive and renewable energy sectors.
• China has challenged India’s policies relating to batteries and electric vehicles, citing potential inconsistency with WTO rules.
• The United States also informed the DSB of its appeal against a panel report in a dispute with China over tax credits under the US Inflation Reduction Act.
• These developments highlight ongoing trade tensions among major economies regarding industrial policy, subsidies, and clean energy support measures.