Tavares confident that Stellantis can catch up with Tesla
FILE PHOTO: The logo of Stellantis is seen on a company's building in Velizy-Villacoublay near Paris, France, February 23, 2022. REUTERS/Gonzalo Fuentes
MILAN (Reuters) - Stellantis should be able to catch up with electric vehicle pioneer Tesla in the coming years, its chief executive Carlos Tavares said on Friday, adding that competition would benefit consumers.
Tavares also called for greater investment in charging networks in Europe and the United States to encourage drivers to switch to electric vehicles.
"I am very confident, I am trying not to be arrogant, just confident of the fact that we are going to catch up in the next couple of years with Tesla and it's going to be a very healthy competition," Tavares told reporters during a televised Q&A session with reporters organised by Mobility TV World.
"Very good for the consumer by the way," he added.
(Reporting by Gilles Guillaume and Giulio Piovaccari; Editing by Keith Weir)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Mali's former prime minister announces release from prison
- South Korea proposes higher taxes on wealthy homeowners to stabilise property market
- BOJ says global AI demand could have sticky inflationary effect
Create E-mail Alert Related Categories
ReutersRelated Entities
TeslaSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share