Tavares also called for greater investment in charging networks in Europe and the United States to encourage drivers to switch to electric vehicles.

"I am very confident, I am trying not to be arrogant, just confident of the fact that we are going to catch up in the next couple of years with Tesla and it's going to be a very healthy competition," Tavares told reporters during a televised Q&A session with reporters organised by Mobility TV World.

"Very good for the consumer by the way," he added.

(Reporting by Gilles Guillaume and Giulio Piovaccari; Editing by Keith Weir)