Chinese AI "Kimi": Open-source models are approaching the cutting edge

SelfStaking · 2026-04-07T08:56:03+00:00

BYD faces unfavorable subsidy conditions in Japan. Due to the Japanese government changing the electric vehicle subsidies, BYD's subsidy remains at 350,000 yen and has not increased, while Toyota and Tesla received higher subsidies, demonstrating competitive pressure.

SelfStaking

2026-04-07 08:56:03

Abstract generation in progress

“Subsidy changes put us under very unfavorable conditions, and the start has been extremely difficult,” said Atsuki Dofukuj i, CEO of BYD Japan, in January with a serious expression.

BYD EV subsidies did not increase

In the negotiations on tariffs between Japan and the US, Japan agreed to make it easier for American cars to obtain subsidies for pure electric vehicles (EV). Subsequently, starting in January, the Japanese government modified EV subsidies, increasing the cap by 400k yen.

The increase in subsidies will be determined based on the previous amounts. Toyota and US Tesla, among others, increased by 400k yen to reach the cap, and can receive subsidies of more than 1 million yen. BYD’s subsidy is only 350k yen, so it did not increase.

To continue reading, please click here to go to the Nikkei Chinese website

The Japanese Economic News Agency and the Financial Times merged into the same media group in November 2015. An alliance formed by two newspapers—one Japanese and the other British—founded in the same century as the 19th—has been moving forward with broad areas of cooperation, under the banner of “high-quality, the strongest economic journalism.” This time, as part of that effort, article exchanges have been made between the two newspapers’ Chinese websites.

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