Global Trade Alert
Global Trade Alert

Japan: Government announces subsidy to Kanto Denka for electrolyte additive development

Announcement

16 Jun 2023

In June 2023, the Ministry of Economy, Trade and Industry announced that Kanto Denka was selected to receive subsidies in the second round of calls for securing a stable supply of storage batteries.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

16 Jun 2023

Revocation date:

No revocation date

Financial grant In force

On 16 June 2023, the Ministry of Economy, Trade and Industry announced that Kanto Denka Kogyo Co., Ltd. receives support up to JPY 1.5 billion (USD 10.5 million) for their battery supply security plan...

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