As per the report released by the International Energy Agency, The stock volume of electric vehicles in Japan amounted to over 205 thousand units in 2017, while 18,000 electric cars were registered in the same year.
With auto production is a major pillar of the domestic economy, Japan is one of the leading industrial nations in the world. Japan is increasingly branching out in EV technologies, after focusing primarily on hydrogen fuel cell powered vehicles in the past.
Several Japanese vehicle manufacturers joined the newly founded company EV C.A. Spirit Corporation, in 2018. It was established by Toyota, Mazda and Denso are seen as an agreement among Japan’s top automotive players. The objective is to collaborate affordable electric vehicle technologies to catch up with international rivals’ production of battery-powered cars.
The market share of electric cars in Japan from 2009 to 2017 are listed :
2009 - 0.03%
2010 - 0.1%
2011 - 0.3%
2012 - 0.5%
2013 - 0.6%
2014 - 0.7%
2015 - 0.6%
2016 - 0.5%
2017 - 1.0%
Image source: https://www.statista.com/chart/15325/market-share-of-electric-cars-japan/
Image license: CC-BY-ND