Inicio BYD BYD says it ‘can’t compete’ in Japan with EV subsidy gap

BYD says it ‘can’t compete’ in Japan with EV subsidy gap

BYD says it 'can't compete' in Japan with EV subsidy gap

Many domestic makers win greater assistance after changes, increasing disparities

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A BYD Atto 3 in Hong Kong. In Japan, the company faces an uphill battle competing with other automakers because of EV subsidy rules. (Photo by Shizuka Tanabe)

RISAKO KOJIMA

TOKYO — Chinese carmaker BYD lost out on Japan’s latest revision of electric vehicle purchase subsidies. None of its four models sold in Japan was granted a subsidy increase while those by Toyota Motor, Tesla and others saw hefty hikes.