Japan cuts EV subsidy rates

T2Covered by 1 source · first reported by electrive / Charged EVs / The Autopian / Sustainable Bus at 26 Oct, 13:00 UTC

The Japanese government has decided to reduce state purchase subsidies for EVs. From January 1, 2027 onwards, the maximum subsidy limits for newly registered electric cars, Kei-EVs, plug-in hybrids, and fuel cell vehicles will decrease significantly. This is due to high demand for the subsidy…