According to Tavares, the Biden Administration's recent tariffs are 'just going to end up with more inflation inside the bubble.'
Protectionism has a lot of drawbacks. They don't appear immediately; they appear one after the other.
Europe is also concerned about Chinese EVs undercutting local automakers in the region, struggling to match prices.
Stellantis partners with Leapmotor to launch an affordable electric hatchback in Europe, focusing on leveraging competition dynamics.
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