Stellantis CEO Looks to Catch up With Tesla in Coming Years

Stellantis CEO Looks to Catch up With Tesla in Coming Years
The sign is seen outside of the FCA US LLC Headquarters and Technology Center as it is changed to Stellantis, in Auburn Hills, Mich., on Jan. 19, 2021. (Jeff Kowalsky/AFP via Getty Images)
Benzinga
3/14/2022
Updated:
3/14/2022

Stellantis NV CEO Carlos Tavares sees his company catching up with EV pioneer Tesla Inc in the coming years, Reuters reports from Mobility TV World session.

He sees the competition benefitting the consumers.

Tavares sought for investment boost in charging networks in Europe and the U.S. to encourage drivers to switch to EVs.

Previously, Stellantis shared how it looked to double revenue to €300 billion ($335 billion) a year by 2030 and with high profit margins.

By Anusuya Lahiri 
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