Electric vehiclesGenerous government assistance spurs purchases but could distort marketThe Honda Super-One and the Nissan Sakura electric vehicles are eligible for generous subsidies. (Photos by Honda Motor and Nikkei)SOTA TANAKA and ITSUKI MIYAKEJuly 7, 2026 03:06 JSTTOKYO -- Subsidies for electric vehicles provided by the central and Tokyo municipal governments have slashed the effective price of a new Nissan Motor EV to as little as 560,000 yen ($3,450), making it cheaper than buying a used version of the same model.