Imparato acknowledged that while the extension to 2027 provides some relief, it does not fully resolve Stellantis' compliance challenges regarding emissions.

Stellantis, the second-largest carmaker in Europe, is actively participating in a credit pool led by Tesla to comply with EU emissions regulations.

The European Union has introduced tougher emissions rules that allow car manufacturers to pool their emissions, which particularly benefits those with lower electric vehicle (EV) sales.

Currently, Stellantis' electric vehicle sales account for only 14% of their European sales, falling short of the EU's target of 21%, which necessitates continued credit purchases.

Jean-Philippe Imparato, head of European operations at Stellantis, confirmed that the company plans to utilize all available credits from Tesla this year.

The European Commission has extended the compliance period for carmakers from 2025 to 2027, allowing more flexibility for manufacturers to meet stricter emissions standards.

To remain competitive in the evolving electrified automotive landscape, Stellantis must balance compliance costs, market demand, and production scalability.

The Mirafiori Assembly Plant aims for an annual output of 130,000 units for both hybrid and electric versions of the Fiat 500.

Carmakers like Stellantis are pooling their emissions with competitors such as Tesla and Polestar to avoid fines under the new EU regulations.

While the extension to 2027 offers more time for compliance, Stellantis recognizes the urgent need for accelerated investments in cleaner technologies.

Imparato emphasized that the extended compliance timeline, while beneficial, does not eliminate the underlying issue of achieving the required emission reductions.

In line with its electrification strategy, Stellantis is set to begin production of a new hybrid version of the Fiat 500 city car at the Mirafiori plant in Turin in November 2025.