Global Trade Alert
Global Trade Alert

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

Announcement

26 Nov 2021

In November 2021, the Japanese government decided on a supplementary budget for FY2021 to support the production of electric car batteries in Japan.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

26 Nov 2021

Revocation date:

No revocation date

Financial grant In force

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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