The Stellantis group, as well as manufacturers Toyota, Ford, Mazda and Subaru, are willing to buy CO2 emissions credits from Tesla to avoid fines, according to a document published by the European Commission.
The five manufacturers, which represent almost 30% of the European new car market, risk heavy fines with the strengthening of European CO2 emissions standards in 2025, up to €15 billion over several years, according to the lobby. the European automobile industry. This regulation called “CAFE” (Corporate Average Fuel Economy) requires them to sell approximately one electric car for every four models sold.
But in a very slow European car market in 2024, sales of electric vehicles have grown more slowly than expected. To avoid a bitter brew, manufacturers can form groups (“pools” in English) with electricity manufacturers and buy emissions credits from them, which can amount to several million euros.
CO2 emissions
This is what Stellantis (with brands such as Peugeot, Citroën, Fiat or Alfa Romeo), Toyota-Lexus (fourth European group), Ford (3% of the market out of eleven) have decided to do by the year 2025. first months of 2024) and smaller Japanese brands Mazda and Subaru, joining forces with electric pioneer Tesla (2.2% of the market), according to a statement of intent posted on the site Monday. from the European Commission and discovered by the Automotive News newspaper.
Stellantis confirmed on Tuesday that participation in this group would help it “achieve emissions goals.” [de CO2] by 2025 while optimizing [l’utilisation de] “At the same time, we continue to focus on the development of innovative and low-emission technologies,” a spokesperson stressed.
jaguar and honda
This grouping strategy, already practiced in recent years by Jaguar and Honda, is questioned, while some manufacturers are instead calling for a downward revision of European standards. Participating in a pool “would be equivalent to financing your enemies,” lamented a Renault executive at the beginning of November. The former head of Stellantis, Carlos Tavares, who arrived in December, assured that these CO2 standards had been established for a long time and that Stellantis was up to date.
The CAFE regulation has been reinforced since January 1, 2025, up to 93.6 grams of CO2/km on average (a basic thermal Renault Clio emits 120, for example, a hybrid Clio, 95, and an electric Mégane, zero) , with scales adapted to the production of each manufacturer.
Source: BFM TV
