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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 building its own electric vehicles, then scrapped the plans. The Jeep and Peugeot owner will now build Leapmotor's B10 SUV at its Figueruelas factory in Zaragoza from 2026, and a second model at its Madrid plant from 2028. In May 2026, CEO Antonio Filosa placed Leapmotor at the center of FaSTLAne 2030, his €60 billion five-year plan to return Stellantis to profitability.

Updated May 27