Electric car battery shortage looms in 2025, warns Stellantis boss

Carlos Tavares says planned production boost won’t cope with surging demand for electric vehicles

The chief executive of Stellantis, one of the world’s biggest carmakers, has warned battery shortages could hit the industry as soon as 2025 as the transition towards electric vehicles accelerates.

Carlos Tavares, Stellantis’s chief executive, said that current plans for battery production may not address the demand from carmakers as they ramp up electric car sales in the coming years, even with significant new investments in European “gigafactory” battery plants and suppliers already at scale in China, South Korea and Japan.

Continue reading…

Read More

Stellantis, Peugeot, Automotive industry, Electric, hybrid and low-emission cars, UK news, Business, Motoring UK news | The Guardian

Share your love

Leave a Reply