CARLOS TAVARES is not just a successful car company boss but also one of the industry’s great commentators. Last week, the Stellantis CEO questioned automotive’s all-in approach to EVs, saying governments were simply “surfing on public opinion” in legislating in their favour.
His concerns are threefold. First, EV a. ordability. How, he asked, can the industry “protect freedom of mobility for middle classes who can’t a. ord a €30,000 (£26,000) EV when today they pay half of that”? “If they can’t a. ord a new EV, they’ll just keep their older, more polluting car.”
Second, making EVs profitably. “If we cannot protect margins, there will be restructuring and there will be social consequences,” he said. In other words, factory closures and job losses.
Third, “in one decade, mobility devices will…
