Stellantis ready to ‘fight’ for place in Europe’s EV market, CEO says

Stellantis (STLAM.MI) is ready to “fight” for its place in Europe’s electric vehicle market against strong competition from Chinese carmakers, said CEO Carlos Tavares during a presentation of its new EV production line in Serbia.

“We are going to be challenged and I would say brutally challenged by the Chinese offensive on the European market,” Tavares said on Monday. “At Stellantis we are ready for the fight.”

“We are going to demonstrate to them that… we are hard working...