Stellantis boss warns: E-car offensive will end in a “bloodbath’ Carlos Tavares of Stellantis NV is bracing for an era of consolidation in the auto industry. He has one company in mind that he sees as particularly at risk: Renault SA.
Renault this week delivered exactly the kind of stumbling block Tavares was waiting for by abandoning multi-year efforts to launch an initial public offering for its electric car business. The rivalry between Peugeot and Renault may go back 125 years, but Tavares has taken it to a new level.