Carlos Tavares, Stellantis CEO believes that the combined company Fiat Chrysler Automobiles and PSA Group he leads will be able to catch up with Tesla’s electric car production in the next few years.
“I’m trying not to be overbearing, but confident and confident in the fact that we’re going to catch up in the next few years with Tesla and it’s going to be a very healthy competition,” Tavares said.
Tavares then explained, Stellantis will increase the number of electric car models by increasing annual revenue globally until 2030.
See also: Stellantis announced a partnership with Foxconn to manufacture semiconductors
Tavares highlighted the importance of greater investment in building electric charging ecosystems in Europe and the United States. Tavares believes that electric charging facilities are a key factor that makes consumers want to switch to electric cars.
Tavares also confirmed that Stellantis would invest in Western Europe by moving its van production facilities from Russia. However, he did not mention which countries the new assembly will be in.
See also: Stellantis to move electric vehicle factory from Russia to Western Europe
In that way, Stellantis has changed the business plan announced in January this year in which it wants to make Russia an export hub for the Western European market.
In this context “new investment in Russia is not in the plans,” said Tavares.
“Stellantis would not be at a disadvantage if our supply base was not concentrated in Eastern Europe,” he added.
