Subaru will reassess its nearly $10 billion electrification investment plan
Subaru announced on November 10 that it will reassess its previously planned ¥1.5 trillion (approximately $9.95 billion) electrification investment and aims to achieve annual cost savings of ¥200 billion by 2030 to offset the impact of U.S. import tariffs. Subaru stated that it plans to reallocate part of the investment from the pure electric vehicle sector to strengthen the research and development and production of hybrid and internal combustion engine models. (Jiemian)
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