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Subaru and Toyota have long worked together on vehicle development, and an executive for the first company recently confirmed that the two would deepen their partnership. Earlier today, Subaru CEO Atsushi Osaki told reporters that his automaker would team with Toyota to produce three new electric crossovers over the next two years.
Toyota is considerably larger than Subaru and owns a 20 percent stake in the company, so it’s not surprising to see the smaller entity leaning on its more established counterpart. Though it has legions of dedicated fans, new electric vehicle development takes a significant investment and time, two challenges Subaru will want to mitigate.
Though it will continue focusing on growing its EV offerings, Osaki said that Subaru wouldn’t give up on gasoline. “While we have steered toward EVs, we find it important to sell internal combustion products at the same time. So, we already have plans to expand our hybrid product lineup.” That move is expected to include a next-gen hybrid system for the Crosstrek, in addition to the new Forester.
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