Stellantis CEO: EV transition costs are “beyond the limits” the auto industry can sustain

Stellantis CEO Carlos Taveres stated that the pressure for legacy automakers to accelerate the shift to electric vehicles could threaten jobs and vehicle quality as traditional carmakers struggle to manage the higher costs of producing EVs.  Taveres said that the costs of transitioning to electric vehicle production are “beyond the limits” of what the current … Continue reading Stellantis CEO: EV transition costs are “beyond the limits” the auto industry can sustain