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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.

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

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By GlobalData