Subaru Ascent EV.

Toyota just announced they will build a new larger 3-row SUV at their facility in Indiana. Where the current Highlander is being built. As we as the Sienna, Grand Highlander, and Lexus TX. The only EV Subaru currently offers is a version of the Toyota bZ4X called the Solterra. Subaru announced last year their plan to offer 4 EV crossovers by 2026. All of these new EVs will be sold in the US as our market amounts to over 70% of Subaru;’s total sales.
Subaru also claims their Japanese plants will be able to build up to 400,000 EVs a year by 2028. That’s quite a number.
Since Toyota owns 20% of Subaru, it is easy to guess at least some of these new EVs could be based on future Toyota EVs. Like the new 3-row SUV planned for Toyota’s Indiana plant as soon as next year. Since the new EV is rumored to maybe replace the Toyota Highlander, it seems logical for a new 3-row EV to replace the current Ascent. Or at least to be sold alongside the ICE version for a while.
With about 60,500 units sold last year, the Ascent is doing OK. Although nothing like the Kia Telluride with over 110,000 sold in 2023. Or the Toyota Highlander with over 171,000 sold.
Adding a new EV version based on the upcoming 3-row Toyota EV might not be a bad idea at all.
The Kia EV9 is getting more and more popular and Subaru needs something soon if they really want to offer 4 new EVs by 2026…