Manufacturing

Subaru accelerates U.S. electric plans with local production and 8-model EV lineup

Subaru CEO Atsushi Osaki.jpg
New CEO Atsushi Osaki outlined the stepped-up electrification plans, as Subaru announced that operating profit more than doubled in the company’s fiscal first quarter. (Bloomberg)
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August 02, 2023 07:01 AM

TOKYO – Electric-vehicle latecomer Subaru is dramatically stepping up the pace in the global electrification race with plans to build EVs in the U.S. from around 2027 and to sell some 400,000 battery-powered cars in the U.S. by 2028 – a volume amounting to nearly half its current U.S. sales.

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