Stellantis says it will ‘fight’ for electric car sales
Stellantis says it will ‘fight’ for electric car sales
The owner of the Jeep, Fiat and Vauxhall brands has said it will not take a defensive stance in the battle for electric car sales, amid signs of an escalating trade war in the market between Europe and China.
Stellantis’s chief executive, Carlos Tavares, has criticised the EU tariffs on imported Chinese cars announced on Wednesday and said the world’s fourth biggest carmaker preferred to “fight to stay competitive”.
The European Commission intends to apply additional duties of up to 38.1% on imported China-made electric cars from July, a move that Beijing is likely to retaliate against.