Stellantis Leaders Question EV Pace and Economics in North American Market

Stellantis chief executive Carlos Tavares has voiced sharp concerns about the pace and direction of transport electrification, warning that the ripple effects could touch every corner of the industry. His stance is echoed by Arnaud Deboeuf, the group’s production director, who emphasizes that the shift to electric propulsion is as much a matter of timing as of technology. The tension comes into sharper focus as the European Union commits to phasing out internal combustion engine cars by 2035, a move that has already reshaped strategy across automakers, suppliers, and national policies. In this environment, some executives warn that the industry could face a setback if the economics of electric cars do not improve quickly enough to sustain demand and investment. The broader question remains whether the market can absorb the higher costs that often accompany early EV adoption, from battery packs to charging infrastructure, without dampening consumer interest or slowing production momentum.