India · English
India joins US-led bloc to tackle excess capacity in EVs, batteries, chips and solar
NEW DELHI: India has joined the US and 13 other economies in a new initiative to address structural excess capacity in five manufacturing sectors — automobiles and electric vehicles (EVs), batteries, chemicals, foundational semiconductors and solar panels. The initiative commits the signatories to cooperate on identifying and tackling production imbalances that they say distort global markets…
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