"Japanese Automaker Subaru Takes a Step Back on Electric Vehicle Ambitions. In a surprise move, Subaru has announced that it will postpone in-house electric vehicle (EV) production at its newly opened Oizumi plant in Japan. The decision comes as the automaker struggles with slowing EV demand and crippling U.S. tariffs that have decimated its fiscal 2025 profits by a staggering 90 percent. With the global EV market experiencing a significant downturn, Subaru's move is seen as a cautious response to the shifting landscape, raising questions about the company's long-term commitment to electric vehicles."
Subaru postpones in-house EV production at its new Oizumi plant in Japan amid slowing EV demand and U.S. tariffs that hammered fiscal 2025 profits by 90 percent.
