Stellantis CEO Carlos Tavares calls EV costs 'the gorilla in the room'

Opel Mokka 2020 — The full-electric Opel Mokka-e starts at about 37,000 euros without incentives, about 14,000 euros more than the entry gasoline model.

February 26, 2022 09:49 PM

PARIS -- Stellantis will have to find ways to offset the additional costs of building electric vehicles, CEO Carlos Tavares said, describing it as "the gorilla in the room" that could weigh on profits for at least the next five years.

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