Categories: Automobile

Subaru will add first electric car production line

[ad_1]

Unlike the Solterra, the EVs produced in the latter half of this decade will be manufactured directly by Subaru.

The Solterra, which shares a Toyota-developed EV platform with the Toyota bZ4X, is made at Toyota’s Motomachi assembly plant on the same line as the sibling nameplate.

Subaru CEO Tomomi Nakamura outlined the plans on Thursday while announcing fiscal year earnings.

Subaru will begin making its own EVs in mixed production with internal combustion vehicles at its Yajima plant in Japan in the mid-2020s. From about 2027, Subaru will build a dedicated EV factory on the site of its Oizumi plant, which now makes engines and transmission.

The EVs made there will be exported globally to markets including the U.S., Nakamura said. Subaru is still contemplating what kind of segment or models the upcoming EVs will be, he added.

Nakamura also declined to offer a production capacity figure for the new EV production facility but said it will start off small with room to expand over time.

Nakamura said the market for EVs has radically changed in just the last year. Even U.S. dealers are starting to clamor for battery electric cars, especially after experiencing the upcoming Solterra.

“Two or three years ago, U.S. retailers were not asking about EVs at all,” Nakamura said.

“But in this last year, it’s suddenly increased.”

Around mid-decade, Subaru will also introduce next-generation hybrid models based on gasoline-electric powertrains provided by Toyota, which owns a 20 percent stake in Subaru.

Subaru will brand its hybrid offerings e-Boxers, in a nod to its horizontally opposed engines.

Subaru said it will invest 250 billion yen ($2.05 billion) over the next five year in the hybrid and EVs initiatives. Subaru wants at least 40 percent of its global sales to come from hybrids and pure EVs by 2030. And in the early 2030, Subaru plans to electrify all new vehicles sold worldwide.

The Solterra, which went on sale May 12 in Japan, will also be sold in the U.S., Canada, Europe and China. It is the badge-sharing stablemate of the bZ4X and a spitting image of the Toyota, from the oversized wheel cladding and beveled back fender to the funky wraparound taillight motif.

[ad_2]
Source link
Admin

Recent Posts

Kijangwin is the latest online video gaming provider

Kijangwin is your brand-new go-to destination for all things internet gaming. Whether you're an informal…

1 day ago

How to Style Trendy Clothes Effortlessly

Hey there, fashion enthusiasts! Are you ready to dive into the world of trendy clothes…

2 days ago

How to effectively recover your frozen/stolen funds from fraudulent platforms

Hey there! If you're reading this, there's a good chance you've found yourself in the…

3 days ago

Important things about Core 2 . 0 regarding Hemp Users

Hey there, hemp enthusiasts! If you've been on the hunt for the next big thing…

5 days ago

Exploring the Features and Benefits of Strio

Hey there! Have you ever found yourself tangled up in the world of communication and…

1 week ago

The Importance of Pre-Sale Pest Control: Ensuring a Smooth Home Transaction

Are you worried that hidden critters might derail your home sale? Selling a house can…

1 week ago