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[Japan promotes car electrification subsidies upstream and downstream these Chinese manufacturers have cut into the battery supply chain] following the US government's "enhanced" electric vehicle purchase subsidy program, the Japanese government will launch a similar policy: according to the Nikkei News, in order to promote the popularity of pure electric vehicles, Japan's Ministry of Environment and the Ministry of economy, Trade and Industry plans to add 37.5 billion yen to the government budget in 2021. Sixty-seven percent of the budget (25 billion yen) will be used to double the subsidy for the purchase of pure electric vehicles, up to 800000 yen (40, 000 yuan). The plan is expected to be implemented early next year.

Koichi hagiudaEnergy companyHangke technologyJapan ministry of the environmentDangsheng technologyNingde timesPanasonic electricPanasonic battery industryToyota motorNorwegian hydroXiamen tungsten xinengJiangsu cathay pacificNew zebang