Archive · 30 Jul 2026

BYD Subsidy Cut Leaves It Behind Japanese EV Makers

BYD Subsidy Cut Leaves It Behind Japanese EV Makers

BYD is a Chinese electric‑vehicle maker.

In Japan, the government used to give money to help people buy cars.

Now, BYD’s cars get only ¥150,000, which is less than half of what they used to get.

Toyota’s bZ4X still gets the biggest help, about ¥1.3 million, and Tesla gets about ¥1.27 million.

In the smallest car category, BYD’s help is about ¥400,000 less than other cars.

This makes it harder for BYD to compete with Japanese makers.

The change may be because Japan and China have a tense relationship.

Sources