Stellantis CEO Urges EU on Electric Vehicle Transition
In a bold move, Stellantis' CEO calls on the EU to flex on EV policies to safeguard the car sector's future.
The automotive industry stands at a pivotal crossroads as Antonio Filosa, newly appointed CEO of Stellantis, calls upon the European Union for decisive action. With an urgency fueled by fierce international competition and regulatory shifts, the stakes couldn’t be higher.
An Urgent Appeal to the EU
Taking charge in June, Filosa is not wasting any time. His call for strategic flexibility from the EU is not just a plea but a clarion call to protect an industry grappling with global challenges such as Chinese competition in electric vehicles and looming U.S. tariffs.
A Dialogue to Shape the Future
European Commission President Ursula von der Leyen will convene with automotive leaders on September 12, aiming to chart a sustainable path forward. Filosa’s insights highlight a need for policies that favor not only the newest electric vehicles but also hybrids. “It’s a chance to modernize and invigorate the auto sector,” he articulates passionately.
Revamp the Vehicle Replacement Policies
Central to Filosa’s vision is a European-wide campaign to replace aging vehicles with newer models, potentially lowering CO2 emissions more significantly than the current market trends allow. His vision suggests that broader choices in powertrains can create a meaningful impact, integrating environmental responsibility with industry vitality.
The Light Commercial Vehicle Sector’s Crisis
In his candid analysis, Filosa doesn’t shy away from describing the Light Commercial Vehicle sector as being in “emergency.” Proposing an extension of CO2 emissions assessment from three to five years, he identifies a path to alleviate pressures, allowing the segment to adapt and thrive.
Maserati’s Future in Focus
Speculation surrounding Maserati’s future within Stellantis is put to rest by Filosa. Understanding the legacy of this iconic brand, he assures that Maserati is not for sale. Instead, Stellantis will carefully forge its path forward, blending heritage with strategic development.
According to Global Banking | Finance | Review, these insights by Antonio Filosa not only underscore the urgency but also exemplify a comprehensive strategy for the future of the car sector.
