Toyota roars past BYD in Japan EV sales with $6,000 more in subsidies

Nikkei Asia | April 6, 2026, 11:57 a.m. | Original

TOKYO -- As Japan recorded one of the best quarters in electric vehicle sales from January to March, Toyota Motor pulled far ahead of its Chinese rival BYD thanks to a difference in government purchase subsidies amounting to nearly 1 million yen ($6,270) per car.

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