Asia

Japan mulls subsidies for Tesla’s EV charging stations in tariff talks, TBS says

TOKYO: Japan is considering a plan to offer subsidies for building charging stations for Tesla electric vehicles in tariff talks with the United States, broadcaster TBS reported on Saturday (May 17).

The government currently provides subsidies for installing charging stations for EVs only for the charging standard “CHAdeMO”, which originated in Japan, but not for Tesla’s “Supercharger”, the report said.

The US Trade Representative (USTR) has raised concerns about this issue and is requesting improvements, TBS said.

Japan is seeking a third round of US trade talks next week and the nation’s top trade negotiator, Ryosei Akazawa, could travel to Washington.

Separately, the Nikkei business daily reported that Japanese negotiators have signalled a willingness to discuss a reduction in US tariffs on Japan, which include 25 per cent on automobile and auto parts and 24 per cent on other goods, rather than pushing Washington to eliminate them completely.

Akazawa has repeatedly said Tokyo wanted full removal of the US tariffs on Japan. The country’s priority has been to win exemptions from US tariffs on automobile and auto parts – the key sector in its export-heavy economy.

Source: CNA

Donate to Breeze of Joy Foundation

Global NewsX

Global NewsX is a news sharing website that offers a wide range of categories, from politics and business to entertainment and sports. With its easy-to-navigate interface, users can quickly find the news they are looking for and stay up-to-date on the latest global events. Whether you're interested in breaking news, in-depth analysis, or just want to stay informed, Global NewsX has got you covered.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button
Home
Videos
Back
Account