During Subaru's recent quarterly earnings announcement, senior vice president of corporate planning at the automaker,"When we look at the U.S. market situation, we will need to offer several models in our EV lineup. We have shifted our weight toward that in our development."
The VP went on to add that the US comprises 75 percent of Subaru's total global sales. In order to move forward while following US market trends and legal and environmental expectations and regulations, the electrification strategy is necessary. Beginning around the mid-2020s' Subaru aims to begin making its own EVs in-house, alongside its ICE vehicles. However, by 2027, the automaker will have its own EV-specific assembly line in Japan. That said, it appears it still doesn't intend to produce EVs inside the US, but that could also change in the future.
This all comes on the heels of the Japanese automaker's positive news related to increased production and growing vehicle sales. In fact, Subaru announced that its operating profit quadrupled in the final quarter of 2022, to a whoppingRead More Recent News About Subaru:Now that we are moving out of the global pandemic, the chip shortage appears to have subsided, and overall supply chain concerns are beginning to ease up, Subaru expects considerable sales growth to continue going forward.
It would be crazy not to shift to EVs. Gas engines are going the way of the steam engine.
EV BRZ please
So they are finally going to wake up? I hope so...