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China Goes to WTO Over ‘Discriminatory’ US EV Subsidies

China is appealing for intervention from the World Trade Organization (WTO) to probe what it believes are “discriminatory” electric vehicle subsidies in the United States. According to the second-largest economy on the globe, the Biden administration’s green plan has implemented “discriminatory and protectionist” policies in America’s nascent electric vehicle industry.

The Inflation Reduction Act of 2022 pumped billions of dollars into the local EV industry but with caveats intended to encourage domestic production across the…

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GreenCarStocks (“GCS”) is a specialized communications platform with a focus on electric vehicles (“EVs”) and the green energy sector. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, GCS is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, GCS brings its clients unparalleled recognition and brand awareness. GCS is where breaking news, insightful content and actionable information converge.

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