Carlos Tavares, chief executive of Groupe PSA (formerly PSA Peugeot Citroën), was already ambivalent about EVs. A few weeks ago, he said, “We are selling our electric vehicles to green addicts.” Fiat Chrysler has also been reluctant to invest in electric vehicles. But the planned merger between the two would have allowed them to share EV-development costs — and finally deliver electric cars on a large global scale.
But it now appears that negotiations to finalize the merger are being threatened by the coronavirus.
