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Canada signs on to pledge to fight subsidized overproduction of EVs, batteries, and solar panels
Source: The Globe and Mail
Trade Policy & Supply ChainAutomotive & EVRenewable Energy TransitionGeopolitics & War
Canada, the United States, the European Union and more than a dozen allies pledged to address excess global production capacity in electric vehicles, batteries and solar panels. Washington has blamed the issue on China; the statement reports a coordinated policy pledge but gives no specific measures or targets.
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