The added cost of manufacturing electric cars is "beyond the limits" for what the auto industry can sustain, Stellantis CEO Carlos Tavares said in an interview with Reuters published Wednesday. EVs bring 50% additional cost over internal-combustion vehicles, Tavares said, adding that there is "no way" that added cost could be transferred to... Stellantis CEO: EVs cost company 50% more, “beyond the limits” of what industry can sustain
The added cost of manufacturing electric cars is "beyond the limits" for what the auto industry can sustain, Stellantis CEO Carlos Tavares said in an interview with Reuters published Wednesday. EVs bring 50% additional cost over internal-combustion vehicles, Tavares said, adding that there is "no way" that added cost could be transferred to...