People & Careers

Michelin Highlights EV Transition and Workforce Strategy at 2025 AGM

Published:

May 16, 2025

Author:

James Lockwood

Michelin addresses EV transition, global uncertainty, and workforce priorities at its 2025 General Meeting. | Images: Michelin

Michelin’s leadership team outlined its strategic priorities for navigating industry and global economic shifts during the company’s 2025 General Meeting held in Clermont-Ferrand. CEO Florent Menegaux and CFO Yves Chapot addressed shareholders with a explicit message: Michelin is preparing to meet uncertainty head-on, while reinforcing its position in the evolving mobility landscape.

Adapting to global and sectoral transformation

Two dominant forces are influencing Michelin’s outlook: increased economic volatility across global markets and a rapid shift in vehicle production towards electrification. With regulatory pressure accelerating the transition to electric vehicles (EVs), the company reaffirmed its intent to remain a key supplier and technology leader in this space.





The executives emphasised that Michelin’s international presence gives it the flexibility to manage economic disruptions, while its commitment to local relationships supports stability amid geopolitical shifts.

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Workforce development as a strategic pillar

Michelin also reinforced its focus on people as a competitive advantage. The group highlighted new approaches to talent development, including “La Manufacture des Talents” (The Talent Campus) at its Cataroux site. These initiatives aim to give employees greater control over their career paths and respond to evolving skills needs in the tyre and mobility sectors.

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Commitment to long-term value

While acknowledging external pressures, the leadership reaffirmed confidence in Michelin’s values, business model, and capacity for innovation. As Menegaux noted during the meeting, “Michelin will always be Michelin”, a statement reinforcing the company’s ambition to remain a global refer

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