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Stellantis: There will be big problems with the electrical switchover

A The Financial Times conference on the future of motoring it has many prestigious participants, including several automotive leaders, so Carlos Tavares, the first man from Stellantis, also spoke.

Looks like he is he is still skeptical the electrical changeover, at least in relation to its rate.

Darwin

In his speech, Tavares spoke of what he thought we rush irresponsibly into the electrical transition. Warned, it will cause serious problems for many car manufacturers to get the right amount of batteries in the middle of the decade, In 2025-26. And if, by some miracle, there will be enough aksi, according to the company manager Europe is becoming extremely dependent on Asia – referred to Chinese and Korean battery manufacturers.

Tavares says hunger for batteries could push prices even higher and it will be a problem to make affordable electric cars, at least for a reasonable profit.

Those who cannot transform will be in trouble He continued, for he thought the industry is ahead of the Darwinian period.

The head of the company also talked about the fact that the lack of batteries will only be one of the problems, as it is there is growing concern about where and how raw materials come from.

Carlos Tavares, CEO of Stellantis. Source: ACEA.be

The company plans to produce 5 million battery cars a year by 2030, but the context seems to include various hybrids.

Everyone wants to put electric cars on the market. But where is the charging infrastructure for this? What are the geopolitical risks of raw material production? Who reviewed the whole of this transformation?

Tavares referred to the responsibility of decision-makers. He also added that electric cars are 500 pounds heavier than similar petrol ones, which only exacerbates raw material concerns.

Good morning!

The question is not new, For many years, many automotive leaders have been dabbling about this, but there are also those who have not only dabbled in, acted.

Yes, the Tesla a good example of this is that not only have battery capacity been contracted or they have started building their own battery factories, but week after week we get news about which mining companies have agreed to buy their own lithium field, a political country in Indonesia with one of the world’s largest nickel reserves. driving is hospitable at the center, and half of the sales are already LFP cordless cars, which require neither nickel nor cobalt.

Peugeot e-2008: attractive shapes, modern interior, OK charging, but low efficiency and high fuel consumption. The result is a highway range of 160 to 180 kilometers for 14 million.

And far from just Tesla doing so. THE VW The Group is similarly building half a dozen battery plants in Europe, the first of which has already been completed in partnership with Northvolt and is otherwise 100% renewable. Herbert Diess also spoke recently about the fact that they are now also directly involved in negotiations with raw material producers. It was recently reported that a contract was signed for the supply of large quantities of lithium hydroxide in 2026-2031. for the period between. THE Toyota – yes, even Toyota, which is reluctant to approach electric cars – is building a joint battery plant with Panasonic and has already committed lithium resources to it from Western Australia. And if you’re in Western Australia, buy cobalt from here GM also for Ultium aksik (no, not mined by Congolese children). The other major U.S. automaker, the Ford and will buy lithium from Argentina.

An electric car is not legal 500 pounds heavier than its traditional competitor – there is a manufacturer that solves this with + 70-90 kilos, and the difference is getting smaller. THE charging network nor should it necessarily be EU billions roast pigeons, there are car manufacturers that have been building a huge and extremely fast, high-performance network for years.

And those carmakers who for years have been more focused on lobbying against the switch may have even asked their own customers not to buy the electric cars they manufacture, well they might be in real trouble. But if that is the case, and perhaps, as Renault’s head, Luca de Meo, also pointed out at the conference, tens of thousands of European jobs are at stake, it would be good for those car manufacturers to bid for € 19 million in gas. they would not point to regulators, environmental regulations, or “dark greens” but first look for the cause of the fault inside the house.

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