Snapshot
- Subaru to reportedly stop PHEV development to reduce costs
- Weak PHEV sales and strict regulations are said to be key factors
- Focus on traditional hybrid and all-electric instead
Subaru will reportedly stop developing plug-in hybrid electric vehicles (PHEV) and instead shift its focus on all-electric and traditional hybrid cars.
According to Nikkei Asia, the move aims to reduce costs for the Japanese automaker amid weak PHEV sales globally.
PHEV models accounted for only two…
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