Japan to Cut Eco-Friendly Vehicle Subsidies Next Year
Tokyo, Oct. 22 (Jiji Press)--The Japanese government will cut its subsidies for the purchase of eco-friendly vehicles, including electric and fuel-cell vehicles, to 60-80 pct of their current levels next year, the industry ministry said Wednesday. The reduced subsidies will apply to cars registered from Jan. 1. The ministry is expected to temporarily stop accepting subsidy applications a...
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