Nissan Leaf being excluded from the tax breaks
The Biden administration in the United States has limited tax incentives for electric vehicles (EVs) to only American-made cars, leading to the Nissan Leaf being excluded from the tax breaks. Some speculate that this move is motivated by protectionism, energy security, and anti-China policies. The law behind this decision, the Inflation Reduction Act (IRA), aims to promote investment in carbon-neutral industries for energy security and climate change reasons. However, it remains unclear how this decision will affect Japan and its citizens.
EV competition is intensifying internationally, with new BEVs being introduced in China and Europe. Japanese automakers are also joining the competition, with Honda and Toyota unveiling new BEV models for the Chinese market. In Europe, a policy package was recently passed that aims to make all new passenger and small commercial vehicles BEVs or fuel cell vehicles by 2035, although Germany has requested the use of e-fuels. In Japan, there is debate over the necessity of hybrid vehicles and the impact of the European BEV shift. The Nissan Leaf, which was first mass-produced in 2010, was a pioneer in the global BEV market.