Mazda’s Slow EV Strategy Suddenly Looks Smarter As Hybrids Surge

Mazda has been slow to adopt all-electric vehicles, and it’s about to slow progress even further. After it was announced at the beginning of 2026 that Mazda would delay its first in-house-developed EV from 2027 to 2028, the automaker has now decided to push that timeline back another year, with its first EVs only arriving in 2029 at the earliest. Concurrently, Mazda has announced that it is slashing EV investments by nearly half, focusing instead on profitable hybrids. While this may seem like a tumultuous time for the Japanese company, Mazda CEO Masahiro Moro said that it will be able to shift with almost no impairments or write-downs, unlike Stellantis, GM, and Ford, for example.Mazda Is Carefu …