Subaru Is the Latest Automaker to Pull Back on EV Plans (FUJHY:OTCMKTS)

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

Subaru has indefinitely postponed its planned 2028 in-house EV launch after profits plunged 90% and tariffs wiped out $1.4 billion. Its new EV factory will build gas cars instead.

Subaru is the latest automaker to pull back on EV plans (FUJHY:OTCMKTS)

Subaru (FUJHY) delays in-house EV launches amid weak demand, EV losses and U.S. policy shifts.

Subaru joins EV push-back after big losses

Subaru has joined the lengthening list of global carmakers pushing black plans to produce new-generation EV models, with...

Another Automaker Is Delaying Its EVs

Subaru has confirmed that it will delay the launch of its in-house-developed battery-electric vehicles due to market conditions in the United States.

Subaru postpones in-house EV development after profits fall 90%

The automaker recorded $385 million in impairment losses and expenses related to EVs as it shifts its strategy towards ICE and hybrid vehicles.