Stellantis CEO Carlos Tavares told the press this week the EU push for electric cars is more about politics than lowering carbon emissions.
Stellantis CEO Carlos Tavares says there are better ways to reduce vehicle emissions than mandating electric cars.This week, Stellantis CEO Carlos Tavares sat down for an interview with several European newspapers, including Les Echos, Handelsblatt, Corriere della Sera, and El Mundo. During the interview, he told the press the European Commission strategy to phase out combustion engines in favor of electric vehicles is a political choice that carries environmental and social risks.
There is an argument that can be made that companies like Volkswagen that are proactive about choosing suppliers who can deliver batteries with the lowest carbon footprint and who are in a position to order billions of dollars worth of batteries may have an advantage over companies like Stellantis that is planning no battery manufacturing factories of its own and is reliant on whatever batteries are available after the big companies have met their supply needs.
In a similar vein, Tavares warns that he may not be able to justify keeping every manufacturing facility that produces cars for Stellantis open in the future. For instance, he singled out the high cost of production in Italy, home to FIAT since it was founded in 1899. Making automobiles there costs double what it does in other countries, primarily due to high energy prices, according to Tavares.
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