Stellantis Exec: The Car Market Might Collapse If EVs Don't Get Cheaper

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Stellantis Exec: The Car Market Might Collapse If EVs Don't Get Cheaper
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Stellantis Exec: The Car Market Might Collapse If EVs Don't Get Cheaper via insideevs.com

Stellantis CEO Carlos Tavares accustomed us to complaining about the direction and pace of electrification, highlighting various potential negative consequences.

"If EVs don't get cheaper, the market will collapse," Deboeuf said at the company's Tremery factory in France."It's a big challenge." But let's be more realistic. Technological progress on one hand, and an unprecedented increase in the scale of production, on the other hand, must translate into lower costs per unit of batteries and electric cars. On top of that is always competition between the manufacturers, which is increasing now after years of neglecting BEVs by many of them.which was previously hinted at by Carlos TavaresSpreading fear is not fun at all, especially in the current circumstances.

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