Stellantis, Learned: 2035 target is not under discussion, pace to be reviewed for the next 3 years

Stellantis slips on the stock market after Tavares departure

(Finance) – The group’s Chief Operating Officer for Europe Stellantis, Jean-Philippe Learnedstated that the EU target for placing on the market by 2035 exclusively of zero emission cars is not under discussion and “it is not a problem for us: the endgame is clear”, if anything he added, we need to review the rhythm and the mode of the path towards this goal, in particular over the next three years. Speaking with some journalists at the “Brussels Motor Show“, underway at the Brussels Exhibition Centre, announced that it has developed a plan that it will present “at the level of the global Executive Committee” of the group “next week, in terms of updating the plans for Europe on models and engines in the next three years”.

Stellantis, he underlined, will put several on the market models (the C3, the C3 Aircross, the Opel Frontera, the Fiat Grande Panda) of smaller electric cars, of segment B “in the next three months”, with costs “less than 20,000 euros”, and therefore “the offer will be there” for the many consumers who so far have not been able to purchase battery-powered vehicles because they could not afford it.

Learned also explained the reasons for Stellantis’ choice to join the pooling with Tesla together with other manufacturers in the automotive sector to compensate for the lack of reductions in emissions required for 2025 by EU rules and not pay the sanctions foreseen for companies that do not respect those objectives. To be in compliance this year with the reduction of 20% of emissions compared to 2021, which applies to the entire new car fleet of each company, the production of electric vehicles or reduce that of internal combustion cars, Learned Learned. “This is something I don’t support. I don’t want to do it. This is the last decision I will make. Even if it is in the catalog of decisions we can make. But it is something I don’t want to do because it would be a tragedy for the industry, for the our people, for our factories”.

For this reason theagreement with Tesla allows us to solve the problem without “hitting a wall”, noted the manager for Europe of Stellantis, who did not exclude the possibility of expanding the “pooling” by bringing together the two sectors of the passenger cars and gods vehicles commercial. However, there is no indication of how much it will cost to buy from Tesla i compensation rights of emissions, but stressed that “pooling” is “in the best interests of all parties.”

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