"Thanks for the EV negativity": How the gloom could cut car prices
Car companies are not loving the negativity around consumer demand for battery-electric vehicles (BEVs) right now.
Carlos Tavares latest news
BYD Avoiding American Market For Now
A BYD executive has confirmed that the automaker has no plans to enter the American market.
Stellantis Must Make Batteries for Its Own EVs, Says CEO Tavares
Any major car company makes its own engines, or at least the vast majority. They may buy in transmissions, but engines? The souls of new vehicles? They have to come from the maker itself. But electric vehicles are different. The most expensive single parts of an EV are the lithium-ion cells inside its battery pack. And historically, those do not come from the carmaker whose vehicles they power. They come from entirely separate companies out of the world of consumer electronics, such as Panasonic, LG, Samsung, and BYD. To date, only BYD and Tesla—the world's two largest EV makers—build their own cells. Only BYD se
Stellantis Suggests Building Leapmotor EVs In America With Chinese Components
Stellantis is considering building electric vehicles based on technology from Leapmotor, and these EVs could make their way to the US. The multinational automotive brand owns a 20% stake in the Chinese carmaker.
Stellantis Could Potentially Build Chinese Leapmotor EVs in North America
Stellantis is prepared to build Leapmotor electric vehicles at its European and North American facilities if market conditions dictate, according to Stellantis CEO Carlos Tavares. «At one point in time, as we know well, the Western governments may be tempted to make things more difficult in terms of exports from China to the rest of the world,» said Tavares during a roundtable discussion with Car and Driver and multiple other media members. «If they do so, then we have the opportunity to use the manufacturing footprint of Stellantis [to build] Leapmotor cars [in those countries].»
Stellantis could build Leapmotor EVs in Europe, North America
DETROIT — Stellantis could build electric vehicles based on technology from Chinese affiliate Leapmotor in Europe, North America or other markets where it needs competitively-priced models to compete with Chinese EV makers, Chief Executive Carlos Tavares said on Tuesday.
France wants to create China-rivalling automotive supergroup
A plan to merge Renault with the parent company of Peugeot and Citroen to create one of the world's largest car makers appears unlikely to proceed.
Stellantis not looking for further mergers, including with Renault
MILAN — Stellantis Chairman John Elkann on Monday denied the carmaker was hatching merger plans, responding to press speculation about a possible French-led tie-up with rival Renault.