The push for electric vehicles in Europe carries environmental and social risks, says the CEO of Stelantis

The Paris internal combustion engine is off, the electric car In an interview with a European newspaper, Carlos Tavares, CEO of Stelantis, said that it is a political choice with environmental and social risks.  A € 30 billion ($ 34 billion) electrification plan has been prepared to help increase Stelantis' stake to more than 60% in the first year after Fiat's merger with Chrysler to make Peugeot Tavares the fourth largest automaker. largest in the world in production. Done.  "The clear thing is that electrification is a technology of choice for politicians, not industry," he said in a joint interview with Les in France. Echo, Handelsblatt, Corriere della Serra, Elmundo.  There is a cheap and fast way to reduce carbon, he said. emissions ..     "Given the current European energy mix, the electric car has to travel 70,000 km for the carbon footprint of the production battery and, to catch up with the light hybrid car, it costs as much as an EV (electric vehicle)."  He also said that a ban on hot cars in Europe by 2035 means that automakers will have to quickly start replacing their factories and supply chains.  "The brutality of this change creates risks for society," he said.  In a detailed interview on the challenges Stelantis faces, Tavares also made a subtle distinction in his promise not to close his European factories.  "I usually keep my promises, but I also have to stay competitive," he says, especially when it comes to production costs. Italy was "considerably higher, sometimes double that of plants in other European countries", mainly due to "excessive" energy prices.  "It will take some time before the measures are implemented, which will be discussed again at the end of 2022," he said, pointing to Rome, where the government is working to reduce industrial costs.  ($ 1 = 0.8835 Euros)  (Reported by GV DeClercq and Tassilo Hummel, edited by Mark Potter)

The Paris internal combustion engine is off, the electric car In an interview with a European newspaper, Carlos Tavares, CEO of Stelantis, said that it is a political choice with environmental and social risks.

A € 30 billion ($ 34 billion) electrification plan has been prepared to help increase Stelantis' stake to more than 60% in the first year after Fiat's merger with Chrysler to make Peugeot Tavares the fourth largest automaker. largest in the world in production. Done.

"The clear thing is that electrification is a technology of choice for politicians, not industry," he said in a joint interview with Les in France. Echo, Handelsblatt, Corriere della Serra, Elmundo.

There is a cheap and fast way to reduce carbon, he said. emissions ..

"Given the current European energy mix, the electric car has to travel 70,000 km for the carbon footprint of the production battery and, to catch up with the light hybrid car, it costs as much as an EV (electric vehicle)."

He also said that a ban on hot cars in Europe by 2035 means that automakers will have to quickly start replacing their factories and supply chains.

"The brutality of this change creates risks for society," he said.

In a detailed interview on the challenges Stelantis faces, Tavares also made a subtle distinction in his promise not to close his European factories.

"I usually keep my promises, but I also have to stay competitive," he says, especially when it comes to production costs. Italy was "considerably higher, sometimes double that of plants in other European countries", mainly due to "excessive" energy prices.

"It will take some time before the measures are implemented, which will be discussed again at the end of 2022," he said, pointing to Rome, where the government is working to reduce industrial costs.

($ 1 = 0.8835 Euros)

(Reported by GV DeClercq and Tassilo Hummel, edited by Mark Potter)

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