Death on the Slow
Stellantis CEO Carlos Tavares gets it – he just doesn’t want to do anything about it. More finely, he is ok with going along with it.
Speaking to a group of journalists in Britain the other day, he said the regulations forcing the manufacture of battery powered devices – EVs – into production (and onto dealer’s lots, there to sit) will “kill” the car industry. He was speaking of the British car industry – which is mostly owned by the Chinese now. But his observation applies generally. The regulatory apparat is out to kill vehicles that aren’t battery powered devices. But most people don’t want – or can’t afford – a battery powered device This is how most people are to be forced out of vehicles. Which is how electric vehicles will kill the car industry.
Does Tavares object? Not really. He’d just like for the killing be done on a less hurried schedule.
“I think the fact that they’re imposing a ramp-up of [EV sales] makes sense,” he said. “The problem is the magnitude and the positioning of the ZEV mandate vis-à-vis the natural demand of
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