"Slowing Electric Vehicle Demand and Tariffs Hit Subaru Hard: Production Delayed at New Oizumi Plant Japanese automaker Subaru has made a shocking decision to postpone the launch of in-house electric vehicle (EV) production at its brand-new Oizumi plant in Japan. The move comes as a response to the declining demand for EVs globally and the crippling impact of U.S. tariffs on the company's profits. Subaru's fiscal 2025 profits took a devastating 90 percent hit, a stark reminder of the challenges facing the industry. As the company reassesses its EV strategy, the Oizumi plant's future remains uncertain, leaving investors and fans wondering what this means for Subaru's electric future."
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.