Stellantis CEO Carlos Tavares on 2024 EV rollout: What's at stake right now is affordability
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- Опубликовано: 19 фев 2024
- CNBC’s Phil LeBeau and Stellantis CEO Carlos Tavares join 'Squawk Box' to discuss the company's 2024 EV launch, the global EV market competition, consolidation within the auto industry, and more.
I’ve owned 2 Chargers, 2 Challengers and a Jeep.
Stellantis pushing European designs starting with Hornet and EV’s and discontinuing V8’s has lost my business.
As a consumer. I will take my money somewhere else.
Thank You. Spread the word that they no longer represent the U.S, but they instead are taking an international approach. Meaning they probably will still have their American offices but no manufacturing plant. R.I.P Dodge and Ram who were ran into the ground by the EPA and Europeans.
Stellantis ripped me off for $11,000
My car motor blew up because of a recall on the timing chain assembly problem, and now they won't reimburse me for the repairs. They are not a respectable company.
Gilbert Jones
4244 n Lincoln Ave Beverly Hills FL 34465
Stellantis are the odds on favorite to win the DUMB ASS OF THE YEAR AWARD!
I wanted this conversation to go on longer.
indeed you had the President of Stellantis talking directly to 3 of his Costumer live on TV. And they where not happy!
Bold talk from Stellantis. We'll be watching.
Bold talk plus plenty of smoke screen?
@@whlawson5812 Definitely smoke. It sounds desperate.
Tesla & the Chinese are very affordable. Even more in the long run because of lower maintenance & energy vs ICE
I found a Tesla Model S locally, the battery degradation was like 5-10% and it had 150k miles. I’m like yeah, the used market for Tesla will be on fire in the coming years. You’re gonna see Teslas with 250k miles on them still fetching premiums
Exactly !
You can get a citroen c3 for 13k in Europe
you put 4 men around a table, and ask them to talk about cars, the episode is gonna go forever!
Dodge has to break away from Stellantis. I am tired of hearing of this CEO. He has zero vision on what Americans want.
That is Exactly the problem...
100%
He simply doesn't give a damn about what americans want.
Carlos Tavares OR carlos ghosn !! All need go to jail
Tesla has the infrastructure....
I challenge Phil, Andrew, and Joe to drive a Tesla for 6 months. I know they don’t right now because they don’t know what they are talking about.
1 week might even be enough to change their mind 😀
As long as you live in a warm climate.
@@Winterstick549 In Norway, 83% of new cars sold are electric. Is Norway a warm climate ?
@@Winterstick549 because Norway, Germany, Switzerland,etc are warm weather places. Brainiac!
Yes! - I don't want to look for a charger. One tap on the Tesla screen and you can see all of the chargers in 150 miles. You know how far away they are and how long it would take you to get there. They are Clowns
BYD, Tesla for sure..
There’s an ideal scenario where BEVs fit and that is the consumer:
1. CHOOSES it (not everyone wants one).
2. Can afford it (not everyone can).
3. Has access to electricity: at least to L1 charger; ideally L2 charger connected to a "PowerWall" that is charged by renewables.
4. Round-trip distance is enough to charge at the above mentioned property.
5. Driving in stop and go conditions that allows usage of regenerative braking.
The farther away from the above conditions, the more impractical BEVs become. Governments thought that banning ICE would eventually help lead to mass market acceptance of BEVs but it actually did more harm than good. Nothing against BEVs, but just because BEVs works in one country/region doesn't mean it fully works with others or it ever will.
He is just padding his pockets. It means nothing to him to see them go.
Watching the fluctuations make me laugh.
It's funny I could have still been lost even now if I hadn't make a wise decision.
Takes one mistake to learn a lesson .
True..
Each stage in life requires risks.
Well I hope I'm making the right one
Good Investors know better than to rush into new Investments , particularly during period of inflation.
@@KemSaeteurmhow did you learn from your mistakes?
The importance of a finance advice can not be over stated.
He got a 56% pay raise wtf???
Wish I was at the table when he said “look at all the muscle cars we have to offer “ yeah let me take out a mortgage real quick
Stellantis is very late to the table. They have everything to prove
Stellantis bankrupt before 2029
Hybrid motor and BIO fuel are the future.
Don't listen to this guy.
See how he likes his sales And what I can see is Dodge can't even sell their ICE cars because of their price
You can't expect the infrastructure will be everywhere all at once. That's not possible, it has to grow with the market. It's good enough for a lot of people already, it will keep getting better. This transition will take well over a decade, by which time the anxious commenter might find it good enough for them.
USA right now very good at just talking
What s the point of these EV s if their are no working charging stations? Better get a horse and wagon.
No infrastructure across the US.
he said a whole bunch of nothing. Their cars are too expensive and he still thinks that people in this country really want electric cars. That’s how out of touch he is. Do you really want a dodge without a V8? Was the Chrysler 300 selling bad? they’re trying to push for electric cars and it’s just not gonna happen. But, some people just gonna have to learn the hard way.🤷🏾♂️
Yep. If you live in the western mountain states there are only fast charge facilities in the bigger cities. Throw in the mix 4 months of cold weather and the EV battery drain. People aren't buying them. EV's are only practical in dense urban settings. Ice gas and diesel are needed in cold rural states.
I agree, sounded like a PR guy.
EV market share is growing, provide numbers to back ev adoption is reducing.
@krishnachandramenon8 EV adoption is not reducing, they have published the numbers a few times. What changed is the rate of growth, because it was at 92% right after the Pandemic and that made some people think that was sustainable or normal. 50% yoy seems to be the sweet spot and it has been around that mark for some time.
@@tonespeaks Grown double for smaller numbers are easy, but not for higher sales number. Still it's growing
The look of a tesla, streamlined aerodynamic smooth edges. Everyone else is boxy square sharp edges. There's no comparison. I'll take the Tesla look any day over legacy boxy junk.
Tesla's cars are nice but very dated designs....
Tesla has so many advantages and you talk about design? Ok… it’s a practical design, easy to produce and aerodynamic, what else do you need.
Traditional automakers just go from squared to blobby and back again. Only so many ways to design a car
@@louamorin4246 so you want new headlights every 2 years so it will look updated like all of the legacy manufactures. I'll take my Y performance any day
Tesla's look like 90's cars. They are very ugly.
They're buying Teslas.
They might as well have brought in a fortune teller with a crystal ball for all the good this was 🤣
They can't get the graphic right. There isn't a 2024 Dodge Challenger model, let alone an electric model...
Volvo pulling out of Polestar sends a strong message to the industry. Tesla’s continued reduction in new prices is rendering the Teslas used market worthless which is having an affect across the whole of the market.
A market can not be sustained on such a few adopters which is why manufacturers and charging networks are cutting back on production to stop haemorrhaging money
Ford lost $1b in the last quarter.
Ford has admitted, as manufacturing stands at the moment it makes no money on $30k EV’s. Most people can’t afford a $30k vehicle which will depreciate so much that within 3 years will have no residue value at all.
Politicians and manufacturers talk a good talk about the future and sustainability- but 80% of people can’t afford an Ev
Roll out what you want I will never buy a EV
A Hybrid yes.
I know hundreds of people and not one will buy a EV even with multiple chargers.
Joe, being an old guy doesn't mean the rest of the world needs to stop moving forward. If anxiety is a problem for you, maybe you should retire.
💯@@andrerodriguez7603
or maybe he’s talking about something true, and you’re the one that lives in a fantasy land. Just saying...
Agree aaraon
Maybe Joe lives in the real world.
@@aaronbanks7555 He sounds like all the idiots who thought the iPhone would fail.
Finally this CEO made it into CNBC face to face, he has been pulling subpar brand into a profit. Imagine if he had a good product!!!
95% of charging is done at home in your garage (if you have a garage). Even at my rental apartment, I charge in the basement. Range anxiety is real, but it's not nearly as big of a deal as this clown on CBNC always likes to say it is.
I am fairly certain only a small portion of tenants in your building own EVs. If everyone needed to charge their electric car you would be complaining.
Range anxiety is real if you're in freezing weather and a traffic jam. It's real if you're driving beyond the range of your safe apartment. It's real if you're trying to tow a big camper up north to your cottage. If you stay just within the safe range around your apartment, I agree, no issue. By the way, if everyone charges in your apartment building at once, be ready for potential shutdowns.
Tavares is 150% right about the future : 5 car makers remaining. But will Stellantis be one of them ??? Not sure... coukd be ... if Tavares really works hard
Hey Stellantis, GM and Ford.
How about making reliable, reasonably priced cars like Toyota, Honda and Mazda do?
Ever think of that?
lol i still call em chrysler not stellantis SOrry
Average family income earners will buy most affordable transportation needs
Stellantis cars are a goldmine for garages worldwide. I've never seen a modern car break down like my Astra, it's ridiculous!
Not at all easy to navigate the change whilst serving the present. Your point is good ...not too much diversity to stabilise quality , focus on today is important.
Stellantis also has the highest inventory (days of supply) in the USA.
I wouldn’t expect reliability out of a French-engineered car. For the record, I own a Citroen Cactus.
@@arlofs
I have a 71 Citroën Mehari.
I replaced the engine with a BMW motorcycle 1200 boxer engine.
The old engine finally blew after 200,000 miles.
They have to start making reliable cars first before he challenged the EV market
Absolutely! Stellantis vehicles are some of the worst engineered products on the market, and now they’re getting into EV’s just as most of the American public is turning it’s noses up at EV’s including myself who hate them as a car enthusiast.
They NEVER have made a quality product - no reason to believe Stellantis can or will start now
😂
My dads 1968 Dodge Dart with a slant 6 was ultra reliable...@@MickeyMouse-zu2yk
Hopefully EVs will be gone in a year or two. They just don't make any sense
Meanwhile, Toyota, VW, Hyundai, Ford, the list goes on, sell tens of millions of gas vehicles.
Whats funny is the CEO is basically describing Tesla’s playbook ! Tesla will come out with the most affordable EV ever made - as they are leading in manufacturing innovations and reducing costs. Charging infrastructure other than Tesla is a joke ! Thats why I can even consider buying anything other than Tesla - as they take their charging infrastructure seriously and understand that this is a key component to consumer confidence in purchasing an EV. Third party chargers are so poorly mismanaged and unreliable it’s NO wonder EV adoption to anything other than Tesla is slowing down. Want to improve EV sales in general - fix the infrastructure issues with more strict policies for uptime / reliability / ease of use and density of availability - then and only then will other EV manufacturers stand a chance against Tesla ( who by the way was a laughing stock of all mainstream auto OEM’s - who is laughing now ! ) Cheers
For the US market, Stellantis will only make a few compliance BEVs for the CARB states. Carlos believes Americans want $100k ICE pickups.
Stellantis is launching 24 ev models this year
@@joaquimbarbosa896 Stellantis is not planning any dedicated EV plants in North America. Stellantis limits most hybrid sales to CARB states. Why would they do EVs different.
@@steven4315 Because they're now commited to evs. Dedicated ev platforms, some brands that will become ev only in 1 or 2 years, dare foward 2030, etc
@@joaquimbarbosa896 For Stellantis, the US is a secondary market.
Switching to EV will be the end of stellantis in the states. Nobody wants that junk here.
You keep rolling them out. You’ll soon be rolling them in. A lot of car companies are going to suffer badly with EVs.
They need to fix the affordability issue on their normal ice cars. They’ve gone up 40% since 2019.
These are as useful a rolex in a sewer
IMAGINE discussing range Eva with stellantis boss and NOT ask him why he’s company is the ONLY one to NOT adopt the NACS charging standard (have their cars charge at Tesla superchargers like Chevy Ford BMW etc )
They already did
Tavares earn 100000 € per days it is like he could have 1 Porsche per days it represents 37 millions of euros per year
Eliminate the government funneling tax dollars to these companies and let them compete on the open market. If the quality, savings, and performance are there, then they don't need government handouts to sell their products.
It's time to fire Carlos. He is literally killing the american brands.
Illuminating lucidity from Mr Tavares. French thinking. Adding colour and sight to a good conversation . His gift is evident 🕯️
Actually he is Portuguese.
All these manufactures keep telling us the same thing. I will keep driving my ICE SUV and truck for the next 10 years. i'll let the folks who own these worry about it
while they figure it out.
That's the cause of the declining auto market - Vehicles last longer than decades ago and customers are now driving them longer. Average price of a new vehicle approaches 50K so more people drop out of the new car market altogether.
then you can pay a fortune on gas while adopters pay pennies to gap you
@@h20dancing18
So you don't take into account the price of the EV truck you want him to buy?
Let alone the other pitfalls.
Maybe he lives where the winters drop below freezing.
@@h20dancing18pennies? That battery replacement is gonna cost your more than your cars worth.
I am getting anxious talking to you! ,, Funny !
Anxiety - That's the mantra for maintaining status quo but, too bad, that ship has sailed.
USA auto market peaked 25 years ago, particularly with respect to per capita sales of new autos. ICE sales peaked years ago. New auto prices are high - too high for wages.
EVs continue to gain market share.
See Autoline Network - Peak Auto
Time for him to retire into the fossils worlds with dinosaurs 🦕 etc ,,, 😅
I went to Peugeot dealership in France. It was pathetic. So barren, so antiquated. Overpriced 5008 and 3008. Crap software. Uninspiring. It reminds me of GM in the 1980s. Sad. Stellantis is a mess. Phil was right to push hard.
Stellantis, at least in the US, has no idea what the market wants. Regardless of your thoughts on EVs, they have devastated JRCD since they purchased them. Moving Jeep upmarket may be the poster child of automotive failures. Their late entry into EVs will be right up there.
Jeep already started reversing that move
Lithium batteries are old technology
I feel nio has a great system. Lease batteries. Install change stations at truck stops & gas stations everywhere
Interesting points about the negatives of putting tariffs on cheap(er) chinese EV's. Protects your home market but not the consumer. Protracts the shift to clean personal mobility and 'inflation within the bubble' (whatever that is ..!)
They should do the oil tankers producing 1000x the carbon emissions
Out of Touch!
Bailout in 3 2 1...
This guy have to cut prices on Jeeps because he can't sale them that's what he got to do
The density of your failure to realize there is no market for this. Congrats on your jeep ev recall. 😂😂
Please consult with a doctor to see if Stellantis is right for you.
Que hable de los 1.5 130 cv diésel y sus problemas con los depositos de adblue y la cadena de distribución de 7mm ,de eso no dice nada ...
He let that Chrysler news slip !! I’m excited now
Joe is the worst. I’m old and change is hard… the future is now old man.
Nobody wants garbage ev vehicles.
5 of them left but no Stellantis in it because it is a modern day British Leyland.
Don’t smile too early Carlos
The problem is that automakers have forced huge dangerous wasteful pickups and SUVs on us that are expensive to electrify. Time for government regulation to force them to make vehicles smaller and more affordable.
Nope. It's time to eliminate government regulation.
500 mile range is useless. 99% of drives are under 100 miles. Charging speed and charge locations are the key. If you don’t drive an EV right now, you have no input worth listening to. Including the hosts of this show.
only full size trucks could justify a huge range for towing
250 miles of highway range, bad weather, 80-5%
Actually we do.
We can observe and make a thoughtful opinion.
@@Winterstick549Thoughtful yes, uneducated yes.
Most of the world’s population lives outside of big cities and mostly in rented apartments. You probably never leave your little pond, but there are hundreds of millions of people who need to travel more than 300 miles at least once a month or even more often. For them range/charge and charging infrastructure is critical.
People like you tend to believe the whole world lives in a fairy tale situation, in well connected and developed cities, and tend to miss out on reality of the world!
Carlos is trying to drag out the transition to BEVs almost as much as Toyota is. 500 miles of range? This guy is clearly clueless on how to design BEVs. All sorts of reasons for delay. The dude is just an obstructionist who will find his company out of business if he doesn't get real. I guess he's never driven a Tesla. Can't even seem to acknowledge Tesla's existence.
Stellantis sells more evs then Tesla in europe and is putting some of the cheappest evs on the market
Hören Sie Herr Stellantis die elektrisches Schrot kennen Sie selber fahren und sollen uns nicht vorschreiben was wir fahren sollen😬
That's an hostile interview, but I think it reflects the average opinion about this topic.
Excess unneeded government regulation leads to cartels & oligopoly. QED
Talk and make it happen la
500 miles under perfect conditions (65F). Cut the range in half if you live in a cold climate or The Snow Belt for 5 month out of a year. No thanks for a decade or two.
think about how often you drive for 400+ miles straight. you dont need this kind of range in every single car. only big trucks for towing
I drive my Tesla 150 km avg 5 days a week in 🇨🇦. Extreme heat 30-40 Celsius summer and -25 this winter. No issues. No anxiety. I am saving $400 per month fuel cost. I see dead ice vehicles on the trans Canada highway almost daily.
Not to mention the battery falling out after 5 years due to the car rusting. Battery technology hasn't gotten better so I don't see it being any different in 10 years.
Mr. Tavares is as clueless as anybody on the planet right now talking about the market and EV. Irrespective of Stellantis makes cars or not, let alone an EV, people are still going to move. So this concept called Freedom of Mobility and Clean energy has nothing to do with why cars sell or don't sell. Affordable cars, a big yes. That's where the chinese come into play. All American and European automakers will have to take huge margin cuts to even compete with them.
Stellantis ewww.
Stellantis struggled big time
Tavares is basically a genius so much confidence in him!
Host showing anxiety is due to political rhetoric.
Anxiety is a form of human energy that is best met with love
TESLAS..... They all look the same and they have 4 (awful) colors.....I don't want to live in a world like that.! Couldn't have said it better myself. It's so true. The Muskrat must be color blind....And that's just for starters...
Hybrid doesn't get better mileage than a 4 cylinder
Yes it does, my Honda Accord hybrid with 17 inch wheels gets 60-65mpg and goes 680 miles on 12 gallons of gas. Show me 4 banger that gets better MPG.
Which is joke 🤣
evs are lame no one wants it 😂
import china evs . They are affordable
Is it money or love. Europes young need work and future.
you're right, and that's exactly why the US won't. to artificially protect unions
American taxpayer dollars to fund the Chinese EV rollout? I don't think that will fly.
Stellantis is screwed.
Theyre a bunch of failed and miserable french automakers, with the scraps of GM's European division and a struggling American carmarker who only makes good petrol engines.
And now theyre trying to pivot everyone to hybrid and EVs and make everyone use the same platform with nothing to distinguish them apart from advertising.
Better to let the company drown. With Chinese EVs starting to produce appealing products, what advantage does Stellantis even have?
It’s not out of realm of question at all to think consolidation will come for most automakers. Honda, Stellantis, GM, they all make subpar cars that just aren’t keeping up with the Koreans or let’s say the tech that comes in a Mercedes or BMW, or even Tesla. I would say VW, too, but they own Porsche so they’ll be fine despite VW as a brand sucking. In the end you could absolutely see Toyota, BYD, Tesla, Hyundai and VW as the only ones left. GM is making giant strides to the EV market with value built cars, but I’m not buying a Blazer EV or Cadillac when I can buy an EV6, EV 9 or a good used Tesla. The Ford lightning is great, I love it, but it’s just too expensive
You put Hyundai/Kia over Honda and Mazda.
As a 40 year auto tech, I can unequivocally say you are wrong.
@@Winterstick549 Absolutely I do, people who buy cars today don't really care "if it's a Toyota or Honda" anymore and the Koreans have come a long way with the quality of their cars, especially the tech. Now the transmissions, those are still terrible lol. Now myself, haven driven a 2018 Kia Soul for awhile, I do agree with you, my next car is probably gonna be a Toyota/Honda/BMW/Infiniti, something that has some quality to it 😄
It’s amazing how people high up in the auto industry don’t have a clue as to what they’re doing.If they think dancing to the WEF/ESG’s tune is going to be a positive thing for they’re companies.
Don’t know why Americans keep buying the Chinese stuff anyway blame the customer Americans know better
That guy is the most bipolar person that I've ever seen. In a few months, he'll be back to "EVs sux ass" Nobody wants them EVs are done we are going back to 100% ICE"
Carlos is like a chicken 🐔 with no head, running around and talk noncense😂😂😂
500 miles range *
* not when it is cold outside
* not when it is hot outside
* you have to accept battery degradation draining the battery to near zero and charging it to 100%
He's a big talker and we've heard it before. 500 miles of range comes at a price.
@rok1475 No one really needs 500 mile of range, the average car only travels about 40 miles per day. Most EV owners charge at home and it only costs them about $2 at the most.
battery degradation is no longer an issue. they lose 10% in the first 3 years so people get scared, but what they miss is that from there on, degradation is nonexistent for the next 150k miles.
How often do ppl drive 500 miles non stop? 😂😂🤦♀️🤦♂️🤦♀️🤦♂️
@@mikafiltenborg7572 very very rarely that would be approx 7 hours, no pee break.
Demand is not down. Why are media talking heads so misinformed. There is growth everywhere in the market when it comes to EV’s. The real problem is manufacturers are slow to market and Tesla and China is wasting their lunch. Let’s tell the truth.
Growth IS slowing, demand IS slowing, even with fleets, and they've been the ones propping up EV sales for the last few years. Private buyer EV sales have crashed in the UK and Europe. EV sales in Germany have fallen 50% since they stopped all subsidies (you can't subsdise something ALL the time). You have to remember that when the early adopters all have theirs (the initial rush), then convincing everyone else is hard. Old saying - you can lead a horse to water, but you can't make it drink.
Anxiety? What anxiety 😂!? How about iPhone anxiety 😊 !? N’importe quoi would say the French. We can simply buy a Tesla and move on with our lives more peaceful than with any ICE cars who pollutes us into the abyss. That is I think the responsible view to carry for our children and the next generations.
Hurry up Renault 5..!
Bravo Mr Tavares d'arriver à vendre ces merdes de peugeot
If western carmakers would stop ripping off their customers they wouldn't have to worry about the Chinese and their affordable cars.
I won't buy an electric car until the price is under $15,000. I don't need it to do everything. I need a simple reliable electric commuter car. I need heat, AC, a radio with good speakers, and a place to plug in my phone. All that extra crap is only there to jack up the price.
IF WESTERN CARMAKERS CAN'T BUILD ME THAT CAR, CHINA WILL. BAOJUN YEP $12,000. VINFAST 3 $14,000. BEAT THOSE PRICES.
any car new for 15k is just not going to be a good car. ice or ev.
Complete garbage 😮
These guys are jokes.
FYI : And on 01/24/2024 During Tesla Earnings Call- Elon Musk Said it best:
Chinese car companies are the most competitive companies in the world, they will have significant success outside of China depending on what kind of tariffs or trade barriers are established. If there were not trade barriers established, they will pretty much demolish most other car companies in the world. They are extremely good.
😂
Carlos - talk is cheap....