Group 1 - Mazda plans to produce its upcoming electric vehicles (EVs) at its Hofu plant in Yamaguchi Prefecture, with a target launch year of 2027 [1] - The new EVs will utilize lithium-ion batteries manufactured at a new factory in Iwakuni, Yamaguchi Prefecture [1] - The Hofu plant currently produces seven models, including the SUV "CX-80" [1] Group 2 - Mazda aims to manufacture both EVs and internal combustion engine vehicles on the same production line, which will reduce initial equipment investment by 85% compared to building a dedicated EV factory [1]