"Subsidy for measures to promote decarbonization growth-type economic structure migration (electrification promotion business such as commercial vehicles (taxi, bus)"

A national subsidy program to promote electrification of commercial vehicles (taxis and buses) to advance decarbonization and transition to a sustainable economic structure. Eligible applicants are taxi and bus operators meeting certain operational scale thresholds. Subsidy covers electric vehicle purchase costs and charging infrastructure development, with subsidy rates varying by project type. Operators must develop environmental action plans and submit performance reports, with potential fund recovery requirements. Given the importance for achieving decarbonization targets, budget allocations are increasing and early application is advantageous.