China seeks WTO panel against India over PLI schemes, flags local content norms in autos and clean tech

NEW DELHI : China has escalated its trade challenge against India at the World Trade Organization (WTO), seeking the establishment of a dispute settlement panel over New Delhi’s production-linked incentive (PLI) schemes for automobiles, batteries and electric vehicles, arguing that they discriminate against imported goods by tying incentives to domestic value addition. In a communication…

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EV, solar stock Servotech Renewable Power in focus as company forays into E-3W business. Details here

Servotech Renewable Power System, a manufacturer of EV chargers, solar products and power backup solutions, in its regulatory filing today, said that it has entered the electric three-wheeler segment with the launch of SULTAN, marking a significant expansion of its clean mobility portfolio. The announcement was made at the company’s annual flagship event, SUNKALP. As…

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