Electrification and fuel efficiency standards
The GOJ formulated the Green Growth Strategy in December 2020, and in order to achieve carbon neutrality by 2050, GOJ is conducting various investigations at the government level for materialization.
- To promote the spread of EV/PHEVs, it is necessary to develop and expand charging infrastructure. In particular, the expansion of public fast chargers in central Tokyo, higher output, and the expansion of charging equipment in apartment buildings should be promoted as quickly as possible.
- The policy direction for several years should be clearly announced that incentives/subsidies shall be continued and expanded in a stable manner to the maximum extent possible to help the spread of BEV and PHEVs" including shortening the minimum years of required ownership. In order to promote the spread of EV/PHEVs by legal systems, Japan should introduce a credit system and/or flexible measures etc., in the interim review on the 2020 and 2030 passenger car fuel efficiency standards, slated for the summer of 2021 onward.
- For the ongoing 2020 passenger car Fuel Efficiency standards, the threshold of 90% rule should be carefully reviewed in order to accelerate diffusion of EV and PHEVs.