Stellantis Welcomes EU Move to Soften Car Emission Targets

Stellantis, the global automotive giant, has expressed support for the European Union's (EU) decision to soften car emission targets, as reported by industry sources. The EU is expected to ease the 2025 CO2 emission reduction targets for automakers, allowing them more time to adapt to the stringent regulations. This move is seen as a strategic shift for Stellantis, which has traditionally been a front-runner in the race to cut emissions to zero.

The EU's new regulations require a reduction in average CO2 emissions for cars sold in the region, from 115 grams per kilometer this year to 93.6 grams per kilometer next year. To comply with these regulations, Stellantis has calculated that pure electric vehicles must account for 24% of its total new car sales in the EU by 2025. Currently, data from market research firm DataForce shows that Stellantis' electric vehicle sales account for 11% of its total passenger car sales as of October 2023, highlighting the company's determination to transition to a greener automotive future.

Stellantis' CEO, Carlos Tavares, has been a vocal advocate for the company's commitment to sustainability and has stated that the company is "proud of its 100-plus year tradition and history, which show our grit, perseverance and staying power." The company's "Dare Forward 2030" strategic plan outlines its ambitious goals to achieve carbon net zero by 2038, offering more than 75 full electric models by 2030, and doubling its net revenue by 2030 compared to 2021.

Stellantis' support for the EU's softened emission targets is a strategic move that aligns with its long-term goals and commitment to sustainability. By embracing the revised regulations, Stellantis can maintain its competitive edge in the market while continuing to invest in innovative electric vehicle technology. The company's aggressive electrification roadmap, targeting 100% passenger car BEV sales mix in Europe and 50% in the U.S. by 2030, demonstrates its commitment to reducing emissions and promoting a sustainable future.



In conclusion, Stellantis' support for the EU's softened emission targets is a strategic move that aligns with the company's long-term goals and commitment to sustainability. By embracing the revised regulations, Stellantis can maintain its competitive edge in the market while continuing to invest in innovative electric vehicle technology. The company's aggressive electrification roadmap demonstrates its commitment to reducing emissions and promoting a sustainable future. As the automotive industry continues to evolve, Stellantis' strategic approach to sustainability will be crucial in driving the transition to a greener, more efficient future.