Automakers

Why Stellantis wants to be more like the Chinese to compete on EVs

Leapmotor C10 green nose left in city Arc 2024.jpg
The Leapmotor C10 will undercut its competitors on price in Europe, but it could also face steep tariffs as a Chinese-built EV.
R
By:
Reuters
September 29, 2024 07:04 AM

Stellantis wants to adopt the low-cost mindset of Chinese EV makers despite the European and U.S. tariffs CEO Carlos Tavares lambasts as anticompetitive, but the automaker must navigate trade barriers on both sides of the Atlantic if it wants to succeed.

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