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

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.

So, the blame game starts like this. Aren't most ICEV companies supposed to collapse anyway?

If only executives at one of the world's biggest car makers could do something about the availability of affordable BEVs... 🤔

Stellantis’ main problem is that their premium brands (DS, Alfa Romeo and Maserati) do not nearly sell at levels of the P3 brands (Merc, Audi, BMW) with negatives effect on revenue and earnings. Despite that, they are doing quite well.

Hey government, give me money or else….

They will collapse

Stellantis will collapse if they don’t start making EVs

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