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Carlos Tavares

Carlos Tavares

Former Chief Executive, Stellantis

Appears in 1 story

Notable Quotes

'If we cannot beat them, we should be Chinese ourselves.' — September 2024, on Chinese EV competition

Stories

Stellantis expands Leapmotor partnership to build Chinese EVs in Spain

Money Moves

Departed late 2024; architect of the original Leapmotor deal

Stellantis spent roughly $26 billion trying to build its own electric vehicles. It is now letting a Chinese partner build them instead. The Jeep and Peugeot owner will manufacture Leapmotor's B10 SUV at its Figueruelas plant in Zaragoza starting in 2026, and a second Leapmotor model at its Madrid plant from 2028.

Updated Yesterday