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Tavares Speaks About EV Strategy For U.S. Given Current Politics

Stellantis CEO Says He Has Two Plans, Pending On The Results Of This Year's Presidential Election...

In a recent discussion with the media, Stellantis CEO Carlos Tavares laid out the ambitious electric vehicle (EV) strategy for the company in North America this year. Emphasizing the need for agility and preparedness, Tavares acknowledged the potential impact of the upcoming U.S. Presidential election and European parliamentary elections on the course of EV adoption.

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Tavares expressed confidence in Stellantis’s commitment to its EV plans but highlighted the importance of being adaptable to changes in the political landscape. He revealed that he has formulated two scenarios based on the election results—one anticipating an acceleration of EV adoption and the other preparing for a potential slowdown.

“I have prepared two scenarios based on what would be the results of those major elections in the U.S. and Europe, and I am prepared for both,” Tavares stated. “One is an acceleration scenario for battery electric vehicles (BEVs), and one is a slowdown for BEVs. I am not in a position to be afraid. In this industry, we have faced crisis after crisis, so we don’t have room to be afraid anymore.”

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Stellantis is actively executing its EV strategy, investing over €30 billion ($33 billion) through 2025 in electrification and software, including fast charge capability. Tavares clarified that the company is maintaining its current suite of EV products, timing, and production capacity while monitoring the election outcomes.

Addressing the potential impact of a Republican President on EV initiatives, Tavares suggested that a shift in priorities might occur, possibly resulting in a slowdown in the push for EV adoption. Despite this uncertainty, he affirmed that Stellantis remains committed to its EV roadmap.

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“I am maintaining the suite of products, timing, and capacity for EVs for the time being,” Tavares explained. “Then we will see what comes off the election. There is no such thing as slowing down on the EV roadmap for Stellantis” at least for now.

Robert S. Miller

Robert S. Miller is a diehard Mopar enthusiast who lives and breathes all that is Mopar. The Michigander is not only the Editor for MoparInsiders.com, 5thGenRams.com, and HDRams.com but an automotive photographer. He is an avid fan of offshore powerboat racing, which he travels the country to take part in.

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Toyota, on the other hand, is being much more confrontational. Toyota has EV plans as well, but they are betting the future on winning a battle against the false narrative. Ford, GM and others are approaching bankruptcy chasing a fantasy. Challenge the narrative or go broke, each company must choose the arena to fight in.

The odd thing is, nowhere in the zero emissions mandates does it specify high charging speeds and massive battery packs for long driving ranges. There definitely is not a requirement for 0 to 60 under a certain amount of seconds.

Customers are willing to buy city cars and delivery vehicles which are electric. When there is a decent amount of reliable and cost efficient charging stations close to where people go, then maybe the public will change their mind.

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Seems Tavares has left some wiggle room in his statement for a change in course, thank goodness. Other major manufacturers read the writing on the wall and are moving to ICE quickly, in some instances to save their company from insolvency.
Very likely the US gets a change in leadership and returns to some sanity on these issues. I do not advocate abandoning the investments or technologies under development as there is a market for electrics, but mandates and unrealistic goals need to be abandoned as the consumer market has spoken clearly. As an old timer I have no interest in an electric vehicle and new products like the gorgeous Wagoneer S must at least offer a non-plug in hybrid to succeed clearly obvious, as should other brands and models in the developmental stages or things will get ugly for Stellantis quickly. Sly fox left the door open because he too has read the writing on the wall. Avenger is the first shoe to drop, more coming, lots more.

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Seems Tavares has left some wiggle room in his statement for a change in course, thank goodness. Other major manufacturers read the writing on the wall and are moving to ICE quickly, in some instances to save their company from insolvency.
Very likely the US gets a change in leadership and returns to some sanity on these issues. I do not advocate abandoning the investments or technologies under development as there is a market for electrics, but mandates and unrealistic goals need to be abandoned as the consumer market has spoken clearly. As an old timer I have no interest in an electric vehicle and new products like the gorgeous Wagoneer S must at least offer a non-plug in hybrid to succeed clearly obvious, as should other brands and models in the developmental stages or things will get ugly for Stellantis quickly. Sly fox left the door open because he too has read the writing on the wall. Avenger is the first shoe to drop, more coming, lots more.

Bill, can you link to the references to those who are battling insolvency, I seemed to have missed that somewhere.

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Toyota, on the other hand, is being much more confrontational. Toyota has EV plans as well, but they are betting the future on winning a battle against the false narrative. Ford, GM and others are approaching bankruptcy chasing a fantasy. Challenge the narrative or go broke, each company must choose the arena to fight in.

The odd thing is, nowhere in the zero emissions mandates does it specify high charging speeds and massive battery packs for long driving ranges. There definitely is not a requirement for 0 to 60 under a certain amount of seconds.

Customers are willing to buy city cars and delivery vehicles which are electric. When there is a decent amount of reliable and cost efficient charging stations close to where people go, then maybe the public will change their mind.

If BEVs were $25k then consumers would buy them and then charging providers would come in and fill the gap as they see profit or a market opportunity. The challenge is BEVs are $50k and if you look at that, all of the anxiety and issues with infrastructure are forefront. The electric grid is there, the port wars are almost over, and what is left is demand and unit supply questions. Demand is driven by price (econ101) and supply is driven by need (maybe econ102)

When Apple got rid of the Floppy drive, naysayers threw their arms up and people poo poo all over the place, but here we are, what is a floppy drive? The difference was the alternative, a USB floppy was not 2x as much and other alternatives were available ; also 3rd parties jumped on the accessory train because there were buyers of (relative) inexpensive iMacs that still had anxiety..

When it comes to vehicles, at some point it becomes a utility and your personal preferences about color, style, features go out the window and you just want to have something that turns on, you can safely use, and does not mean you have stressful conversations with your partner or banker ;)

Reply 1 Like

click to expand...

Seems Tavares has left some wiggle room in his statement for a change in course, thank goodness. Other major manufacturers read the writing on the wall and are moving to ICE quickly, in some instances to save their company from insolvency.
Very likely the US gets a change in leadership and returns to some sanity on these issues. I do not advocate abandoning the investments or technologies under development as there is a market for electrics, but mandates and unrealistic goals need to be abandoned as the consumer market has spoken clearly. As an old timer I have no interest in an electric vehicle and new products like the gorgeous Wagoneer S must at least offer a non-plug in hybrid to succeed clearly obvious, as should other brands and models in the developmental stages or things will get ugly for Stellantis quickly. Sly fox left the door open because he too has read the writing on the wall. Avenger is the first shoe to drop, more coming, lots more.

Bill if put your glasses on while putting opinion/emotion down, Stellantis plan was never EV only in North America.

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