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It is said that the car market may collapse if electric cars are not made cheaper

The Stellantis car company is worried about the effects of the ban on internal combustion engines, which could hit the entire car market hard.


The upcoming ban on the sale of new cars with internal combustion engines, which should probably happen in Europe as early as 2035, should save the climate, but it will be a big challenge for the car industry and the entire market, which may even become devastating. Especially if electric cars don’t become cheaper by then, as warned the chief production director of the Stellantis car company.

Specifically, Stellantis, one of the world’s largest car manufacturers, is said to be planning to cut the price of electric cars by up to 40% by 2030, according to Bloomberg, Arnaud Deboeuf, chief manufacturing officer of Stellantis, announced during a speech at the Tremery plant in France.

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