Summary: Ministry of Land, Infrastructure, Transport and Tourism Announces Start of Subsidy Application Process for “Commercial Vehicle Electrification Promotion Project” in Collaboration with Ministry of Economy, Trade and Industry, Managed by Environmentally Friendly Vehicle Promotion Council and Japan Automobile Transport Technology Association, with a Budget of 40.9 Billion Yen.

On the 8th, the Ministry of Land, Infrastructure, Transport, and Tourism announced that the Environmental Vehicle Promotion Center and the Japan Automobile Transport Association, as the executing bodies of the “Promotion Project for Commercial Vehicle Electrification,” a collaborative project with the Ministry of Economy, Trade, and Industry, have commenced the solicitation for subsidy applications starting on the same day. The project has a supplementary budget of 40.9 billion yen aimed at accelerating the electrification of commercial vehicles.