Fiat parent company Stellantis has the CO2-Pooling with Tesla canceled. This was shared by the EU Commission as the leading EU institution for compliance with the applicable CO2Limit values with. That means: For Tesla, an important source of income that had brought the US electric car pioneer several billion US dollars since 2019 is drying up.
And this is how the CO works2-Pooling: Car manufacturers can register their fleets as a pool – then they will be able to comply with the CO2– Limits billed together. Brands with more powerful combustion models can hide from suppliers with a high proportion of electric or plug-in hybrid (PHEV). The CO2-free or at least-poor models compensate for the fuel guzzlers; for the latter, no penalties have to be paid for exceeding limit values. But: Of course, a sum goes to the CO2– cheaper brand.
FCA brands create CO2-Limits soon alone
In April 2019, Fiat Chrysler Automobiles FCA and Tesla made such an agreement public. Tesla’s electric models were supposed to compensate for combustion engines from Jeep, Alfa Romeo or Maserati – and FCA paid Tesla for this. Experts assume that a large part of the necessary investments for Tesla’s new German Gigafactory will be raised with this money. Official figures on the amount of the payments are not known.
But in January FCA merged with the French PSA group – and since then the brands of both groups have been able to pool. Advantage of FCA – because PSA at Citroën, DS, Opel, or Peugeot already has numerous Stromer and PHEVs in their range that compensate for ex-FCA models. In addition, Fiat launched its first own electric model with the 500e this year. Most recently, Fiat boss Olivier Francois announced that his brand would only offer electric cars from 2030.
Tesla had roughly $ 518 million in revenue from the CO for the first quarter alone2-Pooling communicated; In 2020 it was around 1.48 billion US dollars for the whole year. With the exit of FCA, only the Japanese automaker Honda remains as a pooling partner – and source of income.