- Stellantis will continue purchasing CO₂ credits from Tesla’s emissions pool in 2025.
- This decision comes despite the European Commission’s recent allowance for a three-year average compliance period (2025-2027).
- Stellantis acknowledges the temporary relief but emphasizes the need for long-term EV strategy acceleration.
Stellantis, Europe’s second-largest automaker, has reaffirmed its commitment to purchasing CO₂ credits from Tesla’s emissions pool in 2025, even with the European Commission’s recent compliance delay. This strategic move highlights the company’s immediate need to meet stringent EU emissions targets.
The EU’s decision to permit compliance based on average fleet emissions over three years (2025-2027) was initially seen as a reprieve for automakers struggling to meet the 2025 targets. However, Stellantis’ European head, Jean-Philippe Imparato, clarified their position. “I’ll use everything,” he said, when asked about utilizing Tesla credits this year, indicating a comprehensive approach to compliance.
RELATED ARTICLE: BYD in Talks to Sell Carbon Credits to European Automakers to Avoid EU Emissions Fines
Currently, Stellantis’ electric vehicle (EV) sales share in Europe stands at 14%, significantly below the EU’s 21% target. Imparato acknowledged the temporary relief provided by the new compliance window, stating, “The 2027 extension ‘gives us some breathing space, but does not provide a solution.’”
He further emphasized the company’s ongoing efforts to ramp up EV production, confirming that a new hybrid version of the Fiat 500 will commence production at the Mirafiori plant in Turin this November. Stellantis aims to produce 130,000 units annually, including both hybrid and electric versions, signaling a dual-track strategy to meet evolving regulatory demands and market expectations.
Follow ESG News on LinkedIn
The post Stellantis to Keep Buying Tesla-Led Emissions Credits in 2025 Despite EU Compliance Delay appeared first on ESG News.