Stellantis expects to achieve its European CO2 emissions targets this year without environmental credits bought from Tesla, Carlos Tavares told a French newspaper.
Stellantis was formed in January through the merger of PSA Group and Fiat Chrylser Automobiles.
FCA spent about 2 billion euros ($2.40 billion) to buy European and U.S. CO2 credits from electric vehicle maker Tesla over the 2019-2021 period.
“With the electrical technology that PSA brought to Stellantis, we will meet carbon dioxide emission regulations as early as this year,” Tavares said in the interview with French weekly Le Point. “Thus, we will not need to