Stellantis expects to be able to achieve the European CO2 standard by 2021 on its own. In previous years, FCA had to buy ‘CO2 credits’ from Tesla, but this year, due to the new merged company, that should be a thing of the past.
In any case, Stellantis CEO Carlos Tavares expresses that expectation. He said in an interview with the French weekly Le Point that the EVs of the former PSA will this year ensure that Stellantis can independently meet the European emissions standard. PSA also complied independently last year, but FCA had to purchase emission credits from Tesla to meet the standard. The latter is therefore no longer necessary. “We don’t need European CO2 credits and FCA no longer needs to ‘pool’ with Tesla or another manufacturer,” said Tavares.
In any case, it makes a significant difference, because in the past two years that joke cost FCA a total of about € 2 billion. Next year, the same CO2 standard will apply in Europe as last year: on average, the entire vehicle fleet of a car manufacturer may not emit more than 95 grams of CO2 per kilometer. However, this standard appears to be increasingly tightened in the coming years. Apart from the Fiat 500e, the FCA part of Stellantis does not have a lot of EVs at the moment and it is not really stormy when it comes to plug-in hybrids. However, this will change in the near future.
Tesla does not really have to worry about the disappearance of FCA / Stellantis as a ‘customer’. The brand has already found a new customer in China.