Toyota, Subaru Partner To Build 3 New EVs

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Automotive Editor

Based out of the Washington, D.C. area, Joel Patel is an automotive journalist that hails from Northern Virginia. His work has been featured on various automotive outlets, including Autoweek, Digital Trends, and Autoblog. When not writing about cars, Joel enjoys trying new foods, wrenching on his car, and watching horror movies. 

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, Automotive Editor - May 15, 2024
2024 Subaru Solterra

Toyota and Subaru have worked together on the bZ4X and Solterra, two compact electric SUVs, and the two Japanese brands will continue to work together on future EVs. According to Automotive News, Subaru plans to partner with Toyota on three upcoming all-electric SUVs that are expected to arrive before the end of 2026.

As Auto News points out, Subaru’s partnership with Toyota is a plan to minimize its risk in a cooling EV market that still requires large investments. “At the moment, it is quite difficult to predict how things will go from here with EVs,” CEO Atsushi Osaki said during the automaker’s recent earnings call. “There is a huge risk for us to go it alone in this field. We have held talks with Toyota and have agreed that it is better to reduce risks through joint development.”

While demand for EVs in the U.S. has cooled considerably, Subaru is still aiming for half of its global sales, approximately 600,000 vehicles, to come from battery-powered electric vehicles by 2030. In order for Subaru to hit its goal, it’s going to have to come out with more EVs. In 2023, Subaru only sold 14,000 electric cars worldwide, 8,872 of those sales were in the U.S. Globally, the Japanese automaker delivered 852,000 vehicles.

Subaru’s plan includes having four all-electric SUVs on sale by the end of 2026. After that, Subaru’s EV plans include an additional four EVs that are expected to arrive before the end of 2028. The first set of three electric SUVs will be jointly developed and produced with Toyota and one of the EVs will be manufactured at Subaru’s Yajima plant in Japan, claims Auto News. Toyota will be in charge of manufacturing another EV at one of its plants in the U.S.

2024 Toyota bZ4X

Automotive News claims that Toyota has plans to build a three-row electric SUV called the bZ5X, which will be followed by a version for Subaru. The three-row EV will be built in Kentucky and production of the SUV is expected to begin in 2025.

Originally, Subaru planned to internally develop the four EVs that make up its second set, which is supposed to come out in 2024, though the automaker is still looking into market demand and other factors to see if that’s viable.

“The outlook for BEVs remains unclear in 2028 and beyond, but if there will be a certain volume of BEVs on the market, we would like to capture that trend and market a Subaru original BEV product,” said Osaki, reports Auto News. “At the same time, it is important to continue to develop and sell internal combustion vehicles and to have hybrid products ready as well.”

At the moment, Subaru relies on Toyota for R&D for its EVs and hybrid vehicles, but Subaru is looking to change that, as it wants to start in-house production of EVs in Japan starting in 2025, claims the outlet. The EV line is expected to have a capacity of roughly 200,000 vehicles. Subaru will reportedly add an additional EV line in Japan in 2027 while alluding to plans to localize EV output for the U.S.

For shoppers who aren’t interested in EVs, Subaru has plans to offer the Crosstrek and Forester with its next-gen hybrid system, states Auto News. The Forester Hybrid will join the gas-powered model at Subaru’s plant in Indiana, while Subaru will also produce the compact SUV in Japan.

Pictured: 2024 Subaru Solterra (Top), 2024 Toyota bZ4X (Middle)

Source: Automotive News (Subscription Required)

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, Automotive Editor

Based out of the Washington, D.C. area, Joel Patel is an automotive journalist that hails from Northern Virginia. His work has been featured on various automotive outlets, including Autoweek, Digital Trends, and Autoblog. When not writing about cars, Joel enjoys trying new foods, wrenching on his car, and watching horror movies. 

Follow On: Twitter

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