Japan looking at new tax incentives for hybrids and EVs

Auto Blog: EV/Plug-in , Hybrid , Legislation and Policy , Japan Buyers of hybrid and electric vehicles in Japan could soon get a new break on the taxes they have to pay when buying a new car. Normally, buyers have to pay acquisition taxes that are a percentage of the purchase price and the weight of the car. A bill currently under consideration would completely waive those fees for hybrid/EV buyers and partially eliminate them for buyers of other fuel efficient vehicles. Sales of all cars have been lagging recently in Japan, just as they have in most other regions, so such incentives could help to stimulate sales. The Honda Insight just went on sale in Japan . [Source: Green Car Congress ] Japan looking at new tax incentives for hybrids and EVs originally appeared on AutoblogGreen on Sun, 08 Feb 2009 10:58:00 EST. Please see our terms for use of feeds . Car Blog Green|Car Blog Green|Car Blog Green|Car Blog Green

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Japan looking at new tax incentives for hybrids and EVs