Japan earmarks $2.4bn of subsidies to stimulate domestic battery production  

EV battery pack on production line
EV battery pack on production line

Japan is stepping up support for its domestic lithium ion battery supply chain, earmarking up to ¥347.9bn ($2.4 billion) of subsidies to support projects encompassing battery cells, battery materials, and cell production equipment, according to the Ministry of Economy, Trade and Industry (METI). “This is a big offensive from the Ministry of Economy Trade and […]

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