NewsFlash / Cobalt & Lithium / Japan Mulls Adjusting Vehicle Taxes Amid Rise in High-End EV Sales
Japan Mulls Adjusting Vehicle Taxes Amid Rise in High-End EV Sales
iconApr 30, 2025 09:22
Source:SMM
【Japan Considers Adjusting Vehicle Taxes】With the surge in high-end electric vehicle sales and their relatively low tax burden, the Japanese government is beginning to explore adjustments to vehicle taxes to achieve a more equitable tax system. In the 2024 fiscal year, 44 models of electric vehicles sold in Japan had a pre-tax price of 10 million yen (approximately 70,000 US dollars) or higher.

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