Japan EV subsidy: BYD receives 40,000 RMB less than Toyota

SelfStaking · 2026-04-04T04:08:48+00:00

In the Japanese automobile market, as the Japanese government adjusts the subsidy amounts for purchasing pure electric vehicles (EVs), the situation of companies experiencing extreme differences may continue. Looking at Chinese BYD (BYD), the subsidy amounts for all four models have not increased, leaving a gap of 950k yen (approximately 41.2k RMB) compared to Toyota. Focusing on domestically produced Japanese cars and others, subsidy amounts have been gradually increased, prompting skepticism among import car industry insiders.Japan's Ministry of Economy, Trade and Industry has adjusted the maximum subsidy amount for the "Clean Energy Vehicle Introduction Promotion Subsidy (CEV Subsidy)." The subsidy cap for EVs has increased by 400k yen, reaching a maximum of 1.3 million yen (approximately 56k RMB). The subsidy for fuel cell vehicles (FCVs) has been reduced by 1.05 million yen, with a maximum of 1.5 million yen (approximately 65k RMB).The Ministry of Economy, Trade and Industry of Japan stated regarding the adjustments: "The subsidy amounts from April 2025 have been reevaluated to..."

SelfStaking

2026-04-04 04:08:48

In Japan’s auto market, as the Japanese government adjusts the subsidy amounts for purchasing pure electric vehicles (EVs), the situation of one business swinging between boom and bust is likely to persist. Judging from BYD of China, the subsidy amounts for all four models did not increase, falling short of Toyota by 950k yen (about RMB 41.2k). With Japan-made cars as the center, subsidy amounts have been raised one after another, and people involved with imported cars cannot hide their doubts.

The Ministry of Economy, Trade and Industry of Japan has adjusted the maximum amount for the “Clean Energy Vehicle Introduction and Promotion Subsidy (CEV subsidy).” The EV subsidy cap has been increased by 400k yen, up to a maximum of 1.3 million yen (about RMB 56k). The subsidy for fuel cell vehicles (FCVs) has been reduced by 1.05 million yen, with the maximum set at 1.5 million yen (about RMB 65k).

In response to the related adjustments, the Ministry of Economy, Trade and Industry of Japan said: “We reassessed the subsidy amounts starting from April 2025, conducting an evaluation based on the materials submitted in 2025.” EVs have already been applied since after January, and FCVs will be implemented starting in April.

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_The Japan Economic News agency and the Financial Times merged in November 2015 into the same media group. The alliance formed by two newspapers—one Japanese and one British—both founded in the 19th century is now advancing wide-ranging collaborations such as joint special features under the banner of “high-quality, the most powerful economic journalism.” This time, as part of that effort, the Chinese websites of the two newspapers have arranged article exchanges. _

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