Japan's Subaru sets out targets for EV push over five years

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Japan's Subaru sets out targets for EV push over five years
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TOKYO : Japanese automaker Subaru Corp laid out targets for selling and making battery electric vehicles (EVs) on Thursday, aiming for global sales of 200,000 units a year by around 2026 as it seeks to tap into the growing EV market.The company, known for its Outback crossover and heavy dependence on the

TOKYO : Japanese automaker Subaru Corp laid out targets for selling and making battery electric vehicles on Thursday, aiming for global sales of 200,000 units a year by around 2026 as it seeks to tap into the growing EV market.

Half of that capacity will come from a mixed-production line of gasoline and electric vehicles where the company plans to kick off battery EV production from its own line around 2025, said Atsushi Osaki, a Subaru executive vice president who is set to take over as the company's chief executive in June.

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