The Nikkei reports that Toyota, Nissan, Honda and Mitsubishi Motors will work together to promote the spread of rapid chargers for electric vehicles, covering a portion of the cost of installation at public facilities.
The goal, according to the report, is to quickly bring the number of fast chargers in Japan from roughly 1,700 to 4,000.
The Japanese government already subsidizes up to two-thirds of the cost; the additional amount to be shouldered by the automakers has yet to be determined.
Sales of Nissan’s LEAF and Mitsubishi Motors’ i-MiEV...have been lower than initially projected...wider availability of chargers would open the door to longer rides by EV. Bolstering the charger infrastructure is also seen boosting the market for plug-in hybrids, which are sold by Toyota and Honda.