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06 10 2017 01

Subaru Corporation will join an EV partnership with Toyota and Mazda. When will Subaru unveil their new all-electric vehicle?

Subaru is developing a new all-electric vehicle (EV) and the small Japanese automaker will need help to get there. It’s been reported that Subaru Corporation with join the joint venture with Toyota and Mazda in the electric vehicle development companies jointly established by the two Japanese automakers. According to a report by The Asahi Shimbun Asia and Japan Watch, this will give Subaru the basic technology needed to develop a new EV that will launch in 2021.

Toyota owns 90 percent of the new company, while Mazda and Denso part- owners, invested 5 percent in the joint venture. Asahi says Subaru does not plan to make a capital investment “at this time, but we will consider more aggressive collaboration in the future.”

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