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Manufacturing

Vauxhall Ellesmere Port owner Stellantis warns of job cuts over electric vehicle costs

Stellantis confirmed in July a £100m investment into its Ellesmere Port plant

Stellantis is investing £100m in the Ellesmere Port Vauxhall plant(Image: Stellantis)

The owner of Vauxhall's Ellesmere Port factory has warned external pressure on car makers to speed up the shift to electric vehicles could potentially threaten jobs and vehicle quality because of higher costs.

Stellantis NV chief executive Carlos Tavares added the costs to accelerate the transition to electric vehicles are "beyond the limits" of what the auto industry can sustain.

Mr Tavares's comments were made in an interview at the Reuters Next conference.

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He said: "What has been decided is to impose on the automotive industry electrification that brings 50% additional costs against a conventional vehicle.

"There is no way we can transfer 50% of additional costs to the final consumer because most parts of the middle class will not be able to pay."

His comments come after Stellantis confirmed in July a £100m investment into its Ellesmere Port plant, securing hundreds of jobs at the huge site.