Japan is planning to give rebates of almost $30,000 to buyers of Toyota Motor Corp’s (ADR) (TM) first hydrogen-powered Sedan. The subsidies are expected to amount to $400 million, spread over the next several years.
Japanese Prime Minister, Shinzo Abe, said that rebates up to two million yen ($20,000) per car will be extended. Also, Takashi Horibe, an auto and environmental conservation specialist, said the government may provide one million ye ...
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