Subaru PHEV To Debut Next Year; Plans To Have Full Electric Car By 2021

May 24, 2017 01:00 AM EDT | Paul Urban

Subaru is definitely joining the bandwagon in producing a highly efficient and environment-friendly electric car. But before it goes full electric, it is expected to launch its Subaru PHEV next year. PHEV stands for Plug-in Hybrid Electric Vehicle.

The Subaru PHEV is expected to have its debut sometime next year according to reports. It is a conversion of a currently available car like the XV (shown in the picture above) and Crosstrek in the U.S.

This is the plan ultimately to initially provide an "almost all-electric vehicle option." Subaru definitely plans to offer as many options to its exclusive and discerning customers. As such, having PHEV model is inevitable.

This is expected to rake in more cash for the company. Return on Investment is extremely necessary and going hybrid and eventually all-electric may be a wise business decision. The company is reported to spend a total of $1.2 billion in Research and Development.

In addition, Yoshiyuki Yoshinaga, Subaru CEO said that the company doesn't need a dedicated platform for battery-powered cars. There is also a plan to put plug-in in its existing models. This may be another smart move so Subaru doesn't need to partner up with another company for the motor and battery.

Even better, recent reports reveal that Subaru plans on electrifying the Outback and Forester soon. However, no confirmation has been done by Yoshinaga. The decision for sourcing the battery may come in a year or so. Samsung and Panasonic are being considered.

Interestingly enough, the electrification plan of Subaru has already been reported back in August 2016. As early as the middle of last year, plans of introducing the carmaker's first plug-in hybrid to meet U.S. zero emissions has been made available. Fast forward months later, the news is still making waves.

The Subaru PHEV is definitely one to watch out for. It may be another vehicle altogether or it may just be introduced in one of its existing cars. One thing is for sure, Subaru is never going to be left out. Going full electric by 2021 is also not a daunting feat to achieve.

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