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Incentives: How Japan and the U.S. create different green car markets

For the last two months in Japan, hybrid vehicles from either Honda or Toyota have actually managed to outsell all other vehicles, regardless of what's powering them. Here in the States, though, Honda is reporting that it's unable to sell as many Insight hybrids as it had hoped. What's up with that? According to Earth2Tech, the issue is with incentives. It seems that Japan has both wide-ranging subsidies to spur the sale of fuel efficient vehicles along with harsh penalties in the form of expensive fuel for choosing gas guzzlers. Here in the ... Read more →

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