Tariffs on Chinese EVs ‘a major trap,’ says Stellantis CEO
![Tariffs on Chinese EVs ‘a major trap,’ says Stellantis CEO](https://images.fastcompany.com/image/upload/w_1280,q_auto,f_auto,fl_lossy/wp-cms-2/2024/05/2024-05-22T075327Z_1_LYNXMPEK4L090_RTROPTP_4_STELLANTIS-RESULTS.jpg)
The European Commission will decide on potential tariffs in June.
Stellantis expects a major battle with Chinese rivals in the European market for electric vehicles, warning of significant consequences for jobs and production as a result, the group’s Chief Executive Carlos Tavares said on Wednesday.