Japan will slash electric vehicle subsidies by nearly half beginning next year, marking a significant shift in its support for green transportation. The government plans to cut funding for EV purchases, though details on which models or income levels will be affected remain unclear. Industry analysts warn the move could dampen consumer demand just as automakers ramp up production of affordable electric models. Critics argue the timing risks undermining Japan’s push toward emissions reduction amid global competition in the EV market.
Japan to Reduce EV Subsidies by 40 Percent Starting January 2027 Fuel Cells Works
