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Japan: 2021 Supplementary budget announced with subsidies to domestic electric car battery production

Description

On 26 November 2021, the Japanese government approved a state aid scheme to develop electric car battery production capacity in Japan. The total amount of the scheme was JPY 100 billion (approx USD 88...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

26 Nov 2021

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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