CES 2023: Stellantis preps cost cuts due to higher EV prices
https://apnews.com/4dcd959cecd04f793abf6cb056960a67
DETROIT (AP) — Stellantis CEO Carlos Tavares says his company has to work on cutting costs globally in order to keep electric vehicles affordable for the middle class.
Among the cuts are reducing the number of the automaker's factories because electric vehicles cost about 40% more than those powered by gasoline.
CES 2023: Stellantis preps cost cuts due to higher EV prices
Jan 6, 2023, 10:13am UTC
https://apnews.com/4dcd959cecd04f793abf6cb056960a67
> DETROIT (AP) — Stellantis CEO Carlos Tavares says his company has to work on cutting costs globally in order to keep electric vehicles affordable for the middle class.
> Among the cuts are reducing the number of the automaker's factories because electric vehicles cost about 40% more than those powered by gasoline.