ANNOUNCEMENT 01 Jun 2018

On June 1st, 2018, the Ministry of Trade, Economy, and Industry (METI) created a fund for the support of R&D for advanced automatic driving systems.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising

SOURCE

METI (2018) 平成30年度「高度な自動走行システムの社会実装に向けた研究開発・実証事業」2018 Support for the R&D for advanced automatic driving systems
Available at
http://www.meti.go.jp/information/publicoffer/kobo/2018/downloadfiles/k180601002_01.pdf

A summary on the program can be found below
http://www.meti.go.jp/main/yosangaisan/fy2018/pr/en/seizou_taka_01.pdf

Inception date: 01 Jun 2018 | Removal date: open ended

Financial grant

On June 1st, 2018, the Ministry of Trade, Economy, and Industry (METI) allocated 3.7 billion yen (33.7 million USD) for the research and development of advanced automatic driving systems for automobiles. Corporations seeking to invest or expand their development of automatic driving systems for vehicles can bid for this grant after providing METI with a research proposal, financial statement and a company voucher. 

AFFECTED SECTORS