Subaru delays in-house EVs, extends reliance on Toyota platforms
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Subaru has postponed its first in-house electric vehicles (EVs) to beyond 2028, focusing instead on hybrids and combustion models due to declining U.S. demand and tariffs. The company will continue to utilize Toyota platforms for current EVs like the Solterra and Trailseeker, avoiding high development costs. A $1.42 billion tariff impact and $362 million in EV-related write-downs have led to a 90% drop in profits, necessitating a strategic slowdown in EV development.
Source: MSN The copyright of this article belongs to the original author/organization.
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