Stellantis was exploring opportunities to build compact electric vehicles (EV) in India for export but was yet to take a final decision, chief executive Carlos Tavares reportedly said on Wednesday.

“So far, Europe is unable to make affordable EVs, so the big opportunity for India would be to be able to sell EV compact cars at an affordable price,” Tavares said at an event in the southern Indian city of Chennai, according to Reuters.

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

“This is what we are working out but it is not decided. This is what we are trying to do.”

Just Auto Excellence Awards - The Benefits of Entering

Gain the recognition you deserve! The Just Auto Excellence Awards celebrate innovation, leadership, and impact. By entering, you showcase your achievements, elevate your industry profile, and position yourself among top leaders driving automotive industry advancements. Don’t miss your chance to stand out—submit your entry today!

Nominate Now