{"id":538551,"date":"2022-11-25T12:55:05","date_gmt":"2022-11-25T07:25:05","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=538551"},"modified":"2022-11-25T12:59:34","modified_gmt":"2022-11-25T07:29:34","slug":"fiat-parent-eyes-electric-vehicle-hub-in-india","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/fiat-parent-eyes-electric-vehicle-hub-in-india\/","title":{"rendered":"Fiat parent eyes electric vehicle hub in India"},"content":{"rendered":"<p>Fiat parent Stellantis has concluded it can\u2019t currently make affordable electric vehicles in Europe and is looking at lower-cost manufacturing in markets such as India, its chief executive told reporters.<\/p>\n<p>If India, with its low-cost supplier base, is able to meet the company\u2019s quality and cost targets by the end of 2023, it could open the door to exporting EVs to other markets, said Carlos Tavares, CEO of the group whose brands also include Peugeot and Chrysler.<\/p>\n<p>\u201cSo 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, protecting profitability,\u201d Tavares told reporters at a media roundtable in India late on Wednesday.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Fiat parent Stellantis has concluded it can\u2019t currently make affordable electric vehicles in Europe and is looking at lower-cost manufacturing in markets such as India, its chief executive told reporters. If India, with its low-cost supplier base, is able to meet the company\u2019s quality and cost targets by the end of 2023, it could open the door to exporting EVs to other markets, said Carlos Tavares, CEO of the group whose brands also include Peugeot and Chrysler. \u201cSo far, Europe is unable to make affordable EVs. So the big opportunity for India would be to be able to sell EV [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,245,148],"tags":[],"class_list":["post-538551","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-telegraph","category-the-telegraph"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/538551","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=538551"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/538551\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=538551"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=538551"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=538551"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}