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Mazda's new EV strategy does not place all of its chips on battery-electric models

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Summary
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69% Informative

Mazda 's recent EV efforts stateside have been underwhelming, with the automaker launching and withdrawing its short-range MX-30 model from the US market just a couple of years ago .

Mazda has revealed what it calls a Lean Asset Strategy , charting a course that will rely on existing partnerships in the near future when it comes to electric models.

The automaker says it will scale back its prior EV investment plans, announced in 2022 , from $13.3 billion to $10 billion .

Mazda isn't moving away from its internal-combustion tech anytime soon, or rotary engines.

VR Score

69

Informative language

69

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81

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semi-formal

Language

English

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55

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Time-value

short-lived

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1

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