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

SelfStaking · 2026-04-02T03:21:05+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

2026-04-02 03:21:05

Abstract generation in progress

“Subsidy changes put us under very unfavorable conditions, and the start has been extremely difficult,” said Shujoji Atsuki, president of BYD Japan’s legal entity, with a serious expression in January.

BYD EV subsidies did not increase

In the Japan–U.S. tariff negotiations, Japan agreed that U.S. automakers would be able to obtain EV (electric vehicle) subsidies more easily. Subsequently, the Japanese government revised the EV subsidy starting in January, raising the cap by 400,000 yen.

The increase in subsidies will be determined based on the prior amount. Toyota and U.S. Tesla, among others, increased by 400,000 yen to reach the cap, and can receive subsidies of more than 1 million yen. BYD’s subsidy is only 350,000 yen, so it did not increase.

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The Nihon Keizai Shimbun and the Financial Times merged in November 2015 into the same media group. An alliance formed by two newspaper companies—both founded in the 19th century, in Japan and the UK—is now moving forward with collaboration across a wide range of areas, with “high-quality, the strongest economic journalism” as its banner, including joint special features. This time, as part of that, article exchanges are taking place between the two companies’ Chinese websites.

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