Japan Industry Ministry To Lower Maximum Subsidy For Newly Registered EVs By 40% To 750,000 Yen From 1.25 Million Yen From January 1, 2027

Japan To Lower Maximum Subsidy For Compact 'KEI' EVs To 440,000 Yen From 550,000 Yen Japan To Lower Maximum Subsidy For Plug-In Hybrids To 480,000 Yen From 800,000 Yen, Fuel-Cell Vehicles To 870,000 Yen From 1.45 Million Yen