Stellantis CEO Carlos Tavares gears up for EV-driven industry shakeout

NEW YORK — Flush with light-truck profits and a balance sheet that hasn't been drained by ill-planned spending on electric vehicles, Stellantis CEO Carlos Tavares is ready to take on the Chinese and everyone else in what he sees as a survival-of-the-fittest shakeout emerging over the next decade as the industry comes to grips with the warming planet.