Bloomberg Talks

Stellantis CEO Carlos Tavares Talks EV Pricing, US Inventories

Oct 14, 2024
Carlos Tavares, CEO of Stellantis, shares insights on the electric vehicle landscape, emphasizing the need for affordable pricing and competitive strategies. He discusses the impact of European trade tariffs on Chinese manufacturers and the importance of localized production to enhance competitiveness. Tavares addresses challenges in U.S. inventories and plans to improve operational efficiencies while exploring opportunities for collaboration. He also highlights the significance of government support for boosting EV sales in the face of overcapacity in the European auto market.
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