Etiqueta: Stellantis

Elon Musk-led Tesla Inc. (NASDAQ: TSLA) could face steep challenges in the coming decade, with the company's long-term survival uncertain, according to former Stellantis (NYSE: STLA) CEO Carlos Tavares.

“We can’t rule out that at some point, he’ll decide to leave the automotive industry to refocus on humanoid robots, SpaceX, or artificial intelligence.”

Europe's car industry faces an acute demand shock from Chinese overcapacity & US tariffs. Instead of bailouts & regulatory rollbacks, member-states should co-ordinate buy-European EV subsidies & revive internal demand.

Europe’s car industry faces a perfect storm. Chinese car exports are surging, European producers are being squeezed out of global markets, US tariffs are rising, and domestic demand remains 20% below pre-pandemic levels. Instead of sliding into a costly muddle of regulatory rollbacks, bailouts, and fragmented national subsidies, the EU should harness its single market - 450 million consumers and a vast corporate sector - to drive demand for Europe-made vehicles. That means co-ordinating consumer subsidies with a buy-European clause, applying it to both private and corporate fleets, and using it as a platform for reciprocal EV-subsidy agreements with trusted trade partners. A window for action is open: Germany, France, Italy, and Spain all need to renew their EV-support schemes in the coming months. Together, they represent 70% of EU car registrations—and could launch broader European coordination.

Nissan Europe is forming a CO2 pool with BYD in order to achieve its 2025 fleet targets and avoid EU penalties. Until now, the Japanese manufacturer had been

China’s top EV manufacturer BYD is considering Spain as the preferred site for its third European production facility, according to sources familiar with the

September saw plugin EVs take 35.5% share of the UK auto market, up from 29.4% year-on-year. BEVs grew in volume by 29% YoY, PHEVs grew 56%.

BYD's UK success challenges the nation's EV strategy and reshapes the automotive landscape.

BYD and other Chinese brands will build up new European production capacity while some legacy factories remain under-used, a report shows.