Stellantis boss warns: E-car offensive will end in a “bloodbath”... As of: February 7, 2024, 4:56 a.m Stellantis CEO Carlos Tavares expects tough years of consolidation in the auto industry.

He sees one company in particular as being 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.