SoatDev IT Consulting
SoatDev IT Consulting
  • About us
  • Expertise
  • Services
  • How it works
  • Contact Us
  • News
  • August 2, 2023
  • Rss Fetcher

It seems like Subaru is finally getting ready to release a full lineup of electric vehicles.

Known for clever marketing schemes that won over sporty lesbians, dog-loving dinks, outdoorsy families and Crocodile Dundee fans alike, the Japanese automaker has so far lagged behind the competition as far is its electrification plans go. The firm was late to the party with the launch of its first EV — the 2023 Solterra crossover.

Subaru says it’s ready to get serious. At least, that’s what the conglomerate told investors today.

Subaru upped its EV sales goals on Wednesday during its quarterly earnings report. It now aims to sell 600,000 EVs per year by 2030 — a milestone that would make up roughly half of the firm’s global sales. Most of these sales will come from the U.S., Subaru’s biggest market. The automaker also said it would boost its planned battery-electric lineup to eight models.

Earlier this year, Subaru announced that would up its electric-vehicle lineup to four vehicles by 2026, and now the conglomerate plans to double that lineup by the end of 2028. In the mix is a three-row electric SUV, which Toyota will reportedly build for Subaru in Kentucky starting in 2025, according to Automotive News.

Subaru added that it plans to back up these announcements by investing around $10.5 billion (1.5 trillion yen) toward its electrification efforts “by around 2030.”

Previous Post
Next Post

Recent Posts

  • After its data was wiped, KiranaPro’s co-founder cannot rule out an external hack
  • Meet the Finalists: VivaTech’s 5 Most Visionary Startups of 2025
  • Trump fast-tracks supersonic travel, amid spate of flight-related executive orders
  • TechCrunch Mobility: How Jony Ive’s LoveFrom helped Rivian and what Uber’s next-generation playbook looks like
  • Omada Health IPO signals healthier market, avoids ‘down-round’ trend

Categories

  • Industry News
  • Programming
  • RSS Fetched Articles
  • Uncategorized

Archives

  • June 2025
  • May 2025
  • April 2025
  • February 2025
  • January 2025
  • December 2024
  • November 2024
  • October 2024
  • September 2024
  • August 2024
  • July 2024
  • June 2024
  • May 2024
  • April 2024
  • March 2024
  • February 2024
  • January 2024
  • December 2023
  • November 2023
  • October 2023
  • September 2023
  • August 2023
  • July 2023
  • June 2023
  • May 2023
  • April 2023

Tap into the power of Microservices, MVC Architecture, Cloud, Containers, UML, and Scrum methodologies to bolster your project planning, execution, and application development processes.

Solutions

  • IT Consultation
  • Agile Transformation
  • Software Development
  • DevOps & CI/CD

Regions Covered

  • Montreal
  • New York
  • Paris
  • Mauritius
  • Abidjan
  • Dakar

Subscribe to Newsletter

Join our monthly newsletter subscribers to get the latest news and insights.

© Copyright 2023. All Rights Reserved by Soatdev IT Consulting Inc.