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Japan's Industry Ministry says it is to lower maximum subsidy for newly registered EVs by 40% to JPY 750,000 (prev. JPY 1.25mln) from January 1st, 2027

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Japan’s Industry Ministry says the maximum subsidy for newly registered EVs will decrease 40% to JPY 750,000 from January 1, 2027; the report gives no rationale or further eligibility details.

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