In a bold move reflecting a significant shift in strategy, Stellantis CEO Carlos Tavares has declared an end to the era of purchasing emissions credits, a decision with far-reaching implications for the company’s iconic HEMI V8 engines. For years, Stellantis, formerly Fiat Chrysler Automobiles (FCA), relied on buying emissions credits from Tesla to meet regulatory standards and avoid hefty fines. However, Tavares has drawn a line in the sand, stating that Stellantis will no longer “buy a single credit.” This signals a new direction for the company, one where it aims to self-regulate and accelerate its electric vehicle (EV) transition. … (read full article...)
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