ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Automobiles

Japan to double EV subsidies to match U.S. and Europe

Tokyo races to spur buying of electrics by aiding charging infrastructure

Japan looks to expand the country's charging station network to 150,000 by 2030 from about 30,000 now. (Photo by Tomoki Mera)

TOKYO -- Japan will double its purchase incentives for electric vehicles to as much as 800,000 yen ($7,000), on par with similar measures in the U.S. and Europe, and subsidize charging infrastructure as Tokyo looks to catch up with other major advanced economies.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more