WTO Panel Set Up Against India’s PLI Schemes — Why Experts Say There’s No Real Threat
February 26, 2026
WTO challenge to India’s PLI schemes explained, and what it means for EV and battery exports in the near term.
WTO challenge to India’s PLI schemes explained, and what it means for EV and battery exports in the near term.
UP EV subsidy ends Oct 13. From Oct 14, only ‘Made in UP’ and registered EVs get the benefit. Policy targets local manufacturing boost. The Uttar Pradesh government has officially ended its statewide EV subsidy scheme for regular consumers. Starting October 14, 2025, the subsidy will be limited to electric vehicles manufactured and registered in the state. This is a significant shift under the UP EV Manufacturing and Mobility Policy
Elon Musk confirms affordable Tesla Model Y variant launch. It uses fewer premium materials and a re-engineered design to offset reduced US tax incentives. The billionaire Musk’s electric vehicle company, Tesla, is set to introduce a much more affordable variant of its best-selling Model Y SUV. The very announcement of this affordable model is in direct response to strategic changes in the US market, mainly the reduced federal incentives for
The Union Minister Nitin Gadkari states that in 4-6 months, electric vehicle prices will be equal to those of petrol car prices, owing to the reduction in battery costs. Union Minister for Road Transport and Highways Nitin Gadkari said that the rapid decline in battery prices will soon make the cost of electric vehicles in India comparable to that of petrol-powered vehicles. At the 20th FICCI Higher Education Summit 2025,
New rules say all new electric cars and cargo vehicles must have sound alerts by 2026 under PM E-DRIVE and existing EVs must add them by 2027. To improve road safety and promote electric mobility, the central government has implemented two major policy changes: the requirement for sound-emitting devices in electric vehicles (EVs) and detailed guidelines for expanding public EV charging infrastructure under the PM E-DRIVE plan. Central Motor Vehicles
Hyundai confirms a 2027 launch of a new compact electric SUV specially designed for India. It’s expected to have a 300km+ range and compete with the Tata Punch EV. Hyundai has officially declared plans to launch a new compact electric SUV for the Indian market by 2027. This will indeed be an interesting turn from its usual practice of modifying global models to make an original of its own, truly
The GST Council has turned down plans to raise the tax rate on electric vehicles, confirming that the current 5% GST rate will be unchanged. Speculations about a significant increase in GST for electric vehicles (EVs) have been cleared by the GST Council, which confirmed that there would be no changes in the applicable rates. The clarification comes as a respite from automakers and prospective buyers who have been edgy
A proposed hike of GST on EVs in India is set to impact the likes of Tesla, BMW, and Mercedes-Benz, with taxes climbing up to 40%. A tax authority in India has proposed a substantial hike in the Goods and Services Tax (GST) on luxury electric vehicles (EVs). This would be very damaging to the country’s rapidly growing EV market. If the proposal is accepted, the EVs tagged between ₹
This decision confirms that existing subsidies and incentives for electric bikes, cars, and commercial vehicles are not disrupted. The Delhi government has extended its current electric vehicle (EV) policy until March 31, 2026, providing ongoing policies for EV customers and manufacturers as work on a new, revised policy enters the final stages. Kailash Gahlot, Delhi’s Transport Minister, hailed the extension and reported that the current policy, which was set to
