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.
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)
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