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Fortune
Fortune
Ryan Hogg

Stellantis CEO says 'EV race has become a cost-cutting race' in warning to EU autoworkers

CEO of Stellantis Carlos Tavares poses following the presentation of the Jeep Avenger 4Xe Concept, on the first day of the 2022 Paris auto show. (Credit: Eric Piermont—AFP/Getty Images)

Europe’s carmakers haven’t been shy to make their thoughts known on the millions of cheap Chinese electric vehicles flooding the continent, occasionally with somewhat apocalyptic tones. Some have called for steep import tariffs to save the industry, while others are pushing loudly for joint efforts to ramp up affordable homegrown EVs to fend off the onslaught.

Stellantis CEO Carlos Tavares, who oversees brands like Fiat, Alfa Romeo, and Peugeot, has been among the most vocal in his warnings.

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