Automaker Stellantis expressed support for the European Commission’s decision to extend the compliance period for new carbon dioxide (CO2) emission targets, calling it a “meaningful step in the right direction” to balance industry competitiveness with climate commitments.
The Commission announced on Monday that automakers would have three years—2025 to 2027—rather than a single year to meet the EU’s revised CO2 emissions targets. The move follows pressure from European automakers concerned about the pace of regulatory changes.
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“Stellantis welcomes the announcements made yesterday by Commission President von der Leyen,” the company said in a statement. The automaker’s chairman, John Elkann, participated in discussions in Brussels, where the policy shift was outlined.
Stellantis added that the extended compliance timeframe, coupled with further support measures such as purchase incentives, lower-cost green energy, and expanded charging infrastructure, could “be a real accelerator in the ramp-up towards electrification.”
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