Union boss Shawn Fain said automakers can build affordable EVs in the US but not by making workers sacrifice.
Stellantis CEO Carlos Tavares last month said the sweet spot for affordable electric vehicles is"around $25,000," adding that reaching this price point will be essential to safeguarding the company's US manufacturing footprint in the long run.
He also warned that the middle class will be priced out of the EV market if automakers can't absorb the additional production costs they require instead of passing them onto consumers. Tavares added that building affordable EVs that are also profitable for the company is"the real thing we should be discussing" with the"We need to work very hard to reach that point," Tavares said of the hypothetical $25,000 EV for the US, according to."Part of the things we need to discuss with our union partners is how we make affordable EVs in the U.S. that the middle classes can buy and that they are sustainable because they are profitable.
That being said, the company's goal to reduce its fixed-cost structure in pursuit of more affordable EVs is not compatible with the UAW's demands for higher wages and benefits.
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