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Stellantis CEO calls EU, U.S. tariffs on Chinese EVs 'a trap'

Stellantis CEO Tavares Arc 2024 Bloomberg.jpg
Stellantis CEO Carlos Tavares says tariffs on Chinese vehicles imported to Europe and the United States are "a major trap for the countries that go on that path." (BLOOMBERG)
R
By:
Reuters
May 22, 2024 10:31 AM

Stellantis expects a major battle with Chinese rivals in the European market for electric vehicles, warning of significant consequences for jobs and production as a result, CEO Carlos Tavares said on Wednesday.

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