
TOKYO -- Japanese automaker Subaru on Thursday announced that it will build a new electric vehicle plant in Japan, aiming to bring the factory online sometime after 2027.
The plant would be the first EV factory built from scratch in Japan. In addition to construction of the new facility, the existing plant will be retooled to produce a certain number of EVs, with total investment expected to be around 250 billion yen ($1.9 billion).