TOKYO/BRUSSELS -- Japan and the European Union will agree as early as May to create common rules on government subsidies and procurement targeting electric vehicles and renewable energy equipment, Nikkei has learned.
Climate Change
Japan and EU to unify subsidy rules for EVs, solar panels
Two sides aim to reduce supply chain dependence on China
Offshore wind turbines operate off the coast of France. The European Union looks to safeguard its regional decarbonization industry from inexpensive imports. © Reuters
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