According to the Central Meteorological Agency reporter, on the 6th local time, after the Cabinet meeting, Japanese Minister of Economy, Trade and Industry Ken Saito stated at the press conference that the Japanese government will provide a maximum subsidy of 347.9 billion yen (approximately 17.3 billion yuan) to companies such as Toyota and Nissan for the production of rechargeable batteries for electric cars. The subsidy amount is about one-third of the total investment of 1.007 trillion yen (approximately 49.8 billion yuan) by each company.
日本政府将为该国部分车企提供补助 用于生产电动汽车用蓄电池
The Japanese government will provide subsidies to some auto companies in the country for the production of rechargeable batteries for electric cars.
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