Subaru has announced it to go all-electric by 2025 and will introduce new electric models for the U.S. market.
Japanese carmaker Subaru has revealed plans for making electric cars for the U.S. car market. After the brief time of electrification going on in the industry, the Japanese automaker has decided plans for introducing an electric lineup of cars in the States. The automaker is going all-electric and will introduce new EV models with only-pure electric cars by 2025. Subaru along with its partner Toyota with whom the company has a strategic partnership will adopt electric cars. Subaru along with Toyota will be shifting to making EVs and will introduce more cars such as the Toyota BZ4x and the Solterra.
The US holds 75 percent of the company’s global sales. The carmaker will move forward by closely observing US market trends and ensuring they meet the regulations by going electric. The company will focus on producing its EVs in-house in Japan. By 2027 the automaker will be making its EV assembly line in Japan. Although we still do not know when the company will make its electric cars in the United States.
The Japanese carmaker has quadrupled its 2022 profits from $172.1 million in 2021 to $782.6 million in 2022. So, we know that it is a piece of positive news for the brand to lead its electrified future ahead. Now that the global supply chain issues have been solved and the chip shortage is going on a lower curve. The company will consider having great sales numbers going forward. The brand has already sold over 550,000 cars in the U.S. alone in 2023. The company projects to sell more than $600,000 cars in 2023.