Amid a veritable race among carmakers to become fully electric before everyone else, the chief executive of Stellantis has warned that this race could end in tears. In an interview with Reuters this week, Carlos Tavares said the pressure on carmakers to move to an all-electric output would put under threat jobs and the quality of the vehicles they manufacture.
"What has been decided is to impose on the automotive industry electrification that brings 50% additional costs against a conventional vehicle," Tavares said. "There is no way we can…Big Auto CEO: Rush For Electrification Could End In Tears
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