Stellantis ready to compete in Europe’s intensifying EV market, says Carlos Tavares

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Corporate developments

Serbia had signed a $206.9 million deal with Stellantis in 2022 for EV production at the company’s local car factory in Kragujevac

Stellantis is ready to compete for its place in Europe’s intensifying electric vehicle market against strong competition from Chinese automakers, a news report published by Reuters on July 23 said, citing CEO Carlos Tavares.

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