On the day of the announcement of his “retirement” from 2026, Carlos Tavares spoke to the joint Productive Activities Commissions of the Chamber and Industry of the Senate. The CEO of Stellantis spoke about the automotive sector and in particular electric mobility, with the problems of the transition and above all the costs that this brings with it.
The increase in production costs
“I must be able to sell electric vehicles at the same price as internal combustion vehicles. Therefore, in the current context, I necessarily have to consider a 40% increase in costs, namely that of electrical technology”explained Tavares – “With this 40% increase in costs I create unbearable tension within the supply chain. You political leaders must tell me how to manage this increase in costs.”
Stellantis and the transition
However, Tavares did not hide the need to keep up with the times, especially highlighting that change is underway and that the Stellantis Group is working to be ready: “To comply with regulations, we need to update and change technologies. This can generate anxiety, change, especially if fast and profound, can generate anxiety. But we at Stellantis have a very clear roadmap to bring about this change.” The Portuguese manager then also spoke about the difficulties of the automotive sector: “The sector is under tension, there are frictions and difficulties, but we are calm. Instead of arguing about regulations, we must ensure that we work together to achieve the objectives we have set ourselves in the best way.” The number one of Stellantis said he was convinced that “frictions must be managed, discussions should be avoided, and work together with all the parties involved”.
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