Japan to subsidize half of the costs for lithium and key mineral to secure essential EV supply

News
Policy & Regulation

Raw materials such as lithium, manganese, nickel, cobalt, graphite and rare earths are the main targets for support

Japan is taking steps to become self-reliant as well as diversify its supply network to secure raw materials such as lithium and rare-earth metals that are vital to electric vehicle (EV) batteries and motors.

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