Car manufacturer Stellantis is urging the EU to not delay the bloc’s emissions targets for the automobile sector, CEO Carlos Tavares said, in a move against the latest push from Europe’s car lobby to delay the targets by two years.
- Tavares argued that the rules have been known for a long time and the sector had sufficient time to prepare. Instead, he calls for continued government subsidies for consumers for EVs according to Bloomberg.
- Last week, the European car industry lobby (ACEA) urged the EU in a letter to implement emergency regulations to postpone its 2025 emissions targets for automakers by two years.
- EU rules capping fleet emissions at 95 grams of CO2/km could force automakers to stop producing 2mn cars or face fines up to €13 billion.
- Additionally, the EU is planning to phase out the sale of new combustion engines by 2035, with a review of the target in 2026.