Japan's New EV Subsidy System: Tesla Maintains High Level, BYD Sees Significant Cut
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Japan's new 2026 CEV subsidy system, implemented from April 1, has significantly adjusted EV subsidy evaluation criteria. China's BYD saw its subsidy drastically cut to 150,000 yen, while US-based Tesla maintained a high level of 1.27 million yen, sparking debate over the 'subsidy gap' in Japan.