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Mazda Slows EV Rollout, Bets on Hybrids Amid Cooling Demand
ZACKS· 2026-01-21 14:41
Key Takeaways Mazda delayed its next major EV to around 2029, pushing back the first model on its Skyactiv EV platform.Weaker EV demand, higher prices, policy shifts, charging concerns and U.S. tariffs slowed Mazda's rollout.Mazda is prioritizing hybrids, developing an in-house system for 2027 while keeping EVs for select markets.The Japanese automaker Mazda Motor Corporation (MZDAY) has decided to slow down its electric vehicle (EV) plans, with its next major EV now expected to arrive around 2029. This mov ...