Key Takeaways Stellantis said it is looking to move some electric vehicle (EV) production to Europe from China to avoid new tariffs. The move came as EU regulators threaten to slap new duties on Chinese-made EVs, citing Beijing's subsidies of its domestic industry. Stellantis CEO Carlos Tavares called the company's strategy to deal with the challenge from China's EV industry as "asset-light." Stellantis (STLA) shares fell Friday after the automaker announced it would be moving some electric vehicle (EV) pro ...