Market Chatter: Subaru to Cut EV Investments, Shifts Focus to Hybrids as Demand Slows

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Subaru (TYO:7270) will scale back investments in electric vehicles and channel more funds toward hybrids under a revised 1.5 trillion yen growth plan, Nikkei reported Tuesday, citing President Atsushi Osaki at an earnings briefing.

The automaker has invested 300 billion yen so far and will review the remaining 1.2 trillion yen, with increased spending on hybrids and gasoline-powered models. Plans to launch four electric SUVs with Toyota by 2026 remain intact, though Subaru may delay four in-house EVs planned by 2028, according to the report.

The move follows waning global EV demand and the end of U.S. tax incentives, the report said.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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Plans to launch four electric SUVs with Toyota by 2026 remain intact, though Subaru may delay four in-house EVs planned by 2028, according to the report.</p><p>The move follows waning global EV demand and the end of U.S. tax incentives, the report said.</p><p>(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4604","symbol_name":"机器人概念","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2582634387","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2582634387","pubTimestamp":1762823648,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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Plans to launch four electric SUVs with Toyota by 2026 remain intact, though Subaru may delay four in-house EVs planned by 2028, according to the report.The move follows waning global EV demand and the end of U.S. tax incentives, the report said.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}