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Motor1
Motor1
Business
Jeff Perez

Mazda Hits The Brakes On EVs, Doubles Down On Hybrids

the breakdown

  • Mazda is delaying its first true EV again, with a launch now expected no earlier than 2029.
  • The company is cutting EV spending nearly in half and lowering its long-term EV sales targets.
  • Instead of going all-in on electric vehicles, Mazda is focusing more on hybrids like the CX-50 Hybrid and upcoming CX-5 Hybrid.
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