China has initiated dispute resolution proceedings against the United States at the WTO to protect its interests in the electric vehicle industry, the Chinese mission said on Tuesday and confirmed the WTO. The wide-ranging law provides billions in tax credits to help consumers buy electric vehicles and companies produce renewable energy as President Joe Biden aims to decarbonise the powerful U.S. power sector.

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China has initiated dispute resolution proceedings against the United States at the WTO to protect its interests in the electric vehicle industry, the Chinese mission said on Tuesday and confirmed the WTO. The wide-ranging law provides billions in tax credits to help consumers buy electric vehicles and companies produce renewable energy as President Joe Biden aims to decarbonise the powerful U.S. power sector.

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