Japan's Subaru sees Indiana as possible U.S. EV production site -CEO

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The U.S. state of Indiana could well become the most-favoured location for Subaru to establish an electric vehicle production site in the world's biggest economy, the Japanese automaker's chief executive said. Subaru sees the years to 2028 as a key period for building up its EV sales so that it will eventually hit an annual sales target of 600,000 battery-powered vehicles by 2030 that will make up half of its global sales. The automaker is still considering where in the United States it will produce EVs, Subaru CEO Atsushi Osaki told reporters at a roundtable meeting in Tokyo on Wednesday.

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