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Stellantis CEO Says Supply Issues Risk Derailing Electric Shift

Carlos Tavares

Carlos Tavares

Photographer: Marlene Awaad/Bloomberg

Stellantis NV said its target to sell only electric vehicles in Europe by the end of this decade depends on fixing the litany of supply-chain problems that have beset carmakers.

The shift to EVs will work only if the region ensures access to enough clean energy, batteries, raw materials and charging infrastructure, Stellantis Chief Executive Officer Carlos Tavares said Tuesday during an event organized by the Financial Times.