Subaru indefinitely postpones in-house EVs after profits plunge 90%

Electrek
By Fred LambertMay 19, 2026, 8:45 am118 ptsTrending
Subaru has dropped 2028 as the target year for launching its own in-house developed electric vehicles, with no new timeline set. The Japanese automaker’s new EV factory will produce gas and hybrid models instead. The decision comes after Subaru’s operating profits collapsed 90% for the fiscal year, with…

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