Aug 25, 2021 07:28 AM (GMT+8) · EqualOcean
According to the Nikkei report, the Japanese Ministry of economy and industry will increase subsidies for the purchase of electric vehicles, plug-in hybrid vehicles and fuel cell vehicles; The report did not specify the source. The Ministry of economy, industry and trade will seek a budget of 33.5 billion yen in fiscal year 2022, twice the budget of this fiscal year; The details will be determined later, but the Department is considering increasing the subsidy level to make the price in line with gasoline vehicles. At present, the government provides subsidies of up to 600000 yen for the purchase of electric vehicles, and the subsidies for the purchase of plug-in hybrid vehicles and fuel cell vehicles are 300000 yen and 2.5 million yen respectively.

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