Subaru Corporation (OTCPK:FUJHY) (OTCPK:FUJHF) plan to launch a jointly developed electric vehicle in Japan, the U.S., and Europe in 2026, according to Nikkei. The goal of the partnership between the two Japanese automakers is to improve production efficiency and cut costs throughout the electric vehicle

"We’re still focused on our global [battery electric vehicle] target of 1.5M vehicles by 2026," said Toyota spokesperson Scott Vazin, adding that in the next two years it plans

Toyota has delayed the production of its first U.S.-made electric vehicle to 2026, despite investing $1.3 billion to renovate its Kentucky plant. The leading automaker initially planned to launch the three-row electric