BYD Dolphin (Standard) or Honda StepWGN e:HEV AIR (7-seat): which is cheaper to own in Japan?
Over 5 years in Japan (8,000 km per year), the Honda StepWGN e:HEV AIR (7-seat) is still the cheaper car to own — about ¥3,978,191 versus roughly ¥4,295,432 for the BYD Dolphin (Standard), a gap of ¥317,241. As of 2026/07/01.
CEV補助金 (national CEV purchase subsidy), FY2026: up to about ¥850,000 from the national government (METI / Next Generation Vehicle Promotion Center) when you buy a new EV — the amount varies by model and by how far the manufacturer supports charging infrastructure and servicing. Plug-in hybrids get a reduced amount; hybrids and petrol cars do not qualify. The budget is capped and applications can close partway through the fiscal year. There is a mandatory holding period (in principle 4 years) — sell early and you may have to repay the subsidy. Not every buyer or model qualifies — which is why we show the subsidy separately and have not folded it into the totals above. Source: METI / Next Generation Vehicle Promotion Center (NeV), as of . Check eligible models and the remaining budget before you buy.
Cheaper over 5 years · JapanHonda StepWGN e:HEV AIR (7-seat) · ¥3,978,191 total · ¥317,241 less than the BYD Dolphin (Standard)
BYD Dolphin (Standard) vs Honda StepWGN e:HEV AIR (7-seat) — Where the money goes
| Cost component | Electric · BYD Dolphin | Hybrid · Honda StepWGN e:HEV AIR |
|---|---|---|
| Depreciation (estimated) | ¥2,541,000 (59%) | ¥2,059,000 (52%) |
| Charging / fuel | ¥247,295 (6%) | ¥339,600 (9%) |
| ↳ of which charging loss | 12% (~¥29,675) | — |
| Maintenance | ¥125,000 (3%) | ¥212,500 (5%) |
| Insurance | ¥350,000 (8%) | ¥350,000 (9%) |
| Financing interest | ¥682,137 (16%) | ¥667,091 (17%) |
| Registration & fees | ¥350,000 (8%) | ¥350,000 (9%) |
| Total cost of ownership | ¥4,295,432 | ¥3,978,191 |
When does the EV come out ahead?
Drive more than 16,000 km a year, or keep the car longer than 9 years, and the EV comes out ahead — that is the point where its lower running costs start to claw back the higher purchase price.
BYD Dolphin (Standard) vs Honda StepWGN e:HEV AIR (7-seat) — Head-to-head
BYD Dolphin (Standard)
- 5-year total
- ¥4,295,432
- per month
- ¥71,591
- ¥/km
- ¥107
- Purchase price
- ¥3,630,000
- Drivetrain
- Electric
- Consumption
- 13.5 kWh/100km
Honda StepWGN e:HEV AIR (7-seat)
- 5-year total
- ¥3,978,191
- per month
- ¥66,303
- ¥/km
- ¥99
- Purchase price
- ¥3,550,000
- Drivetrain
- Hybrid
- Consumption
- 5 L/100km
- Electricity price
- 31 円/kWh METI
- Petrol price
- 169.8 円/L e-Nenpi