Stellantis CEO says EVs need to be affordable but profitable
December 6, 2023
Stellantis CEO Carlos Tavares, the leader behind brands including Jeep, Ram, Dodge, Fiat, and several others, has a warning for other automakers. Tavares said EVs must be affordable but profitable, or they will be “in trouble very, very soon.”
To attract middle-class shoppers, lower EV prices are needed. “You can only solve this if you reduce cost,” Tavares said at the Goldman Sach…