Many domestic makers win greater assistance after changes, increasing disparities
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)
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.
