Climate Policy Engagement: Stellantis receives a grade of D+ in InfluenceMap’s assessment of corporate engagement on climate change policy, indicating mixed engagement with Paris-aligned policy.
Forecasted 2029 Production: Data from S&P Global Mobility forecasts that by 2029 42% of Stellantis' production will be battery electric vehicles (BEVs), alongside 9% plug-in hybrids (PHEVs), 22% ICE (internal combustion engine) vehicles, 27% hybrids and 0% fuel cell electric vehicles (FCEVs).
This compares negatively to the IEA’s 1.5°C scenario, which estimates that 57.5% of all globally produced cars must be either BEV or FCEV by 2030 to meet the 1.5°C global temperature goal. The graphic below compares the company’s climate policy engagement score with the company’s forecasted percentage production of zero-emission vehicles by 2029 (independent analysis of S&P Global Mobility data). The bubble size represents the relative proportion of vehicle production compared to other major global automakers.
Climate Lobbying Overview: Stellantis (a merger between FCA and Groupe PSA) has mixed to negative engagement with climate legislation in the US, UK and EU in 2021-22. Although the company’s CEO continues to take a negative stance towards the rapid electrification of road transport, in 2022 Stellantis appears to be engaging increasingly positively on the UK’s ZEV mandate and California’s Advanced Clean Cars II rule in the US, while appearing opposed to the EU's 2035 zero-emissions CO2 target.
Stellantis' full climate policy engagement profile is available here.
Internal decarbonization targets: In July 2021, Stellantis announced a new electrification strategy to sell over 70% of low emission vehicles in Europe, and more than 30% in the US by 2040. Stellantis' definition of 'low emissions vehicles' includes both plug-in hybrids and battery electric vehicles. However, in March 2022 Stellantis' announced a significant increase in ambition, setting a target of 100% of sales in Europe and 50% of sales in the United States to be battery electric vehicles (BEVs) by 2030. This includes more than 75 BEV models and reaching global annual BEV sales of five million vehicles by 2030. In December 2022 Stellantis announced efforts to develop programs to retrofit existing ICE vehicles into full BEVs, expecting to launch the program in 2024.
The vehicle production data for Stellantis can be filtered by region using the dropdown below
Stellantis’ forecasted fleet composition by technology: In 2029, 42% of Stellantis’ production is forecast to be battery electric vehicles, compared to 4% in 2021. For plug-in hybrids (PHEVs), this rises from 3% in 2021 to 9% in 2029, and for other hybrids, from 8% to 27% in the same time period. For ICE vehicles, this decreases from 85% in 2021 to 22% in 2029. This is in contrast to the IEA’s 1.5°C road transport scenario, which requires 57.5% of all light-duty vehicle sales in 2030 to be either BEV or FCEV to decarbonize road transport in line with the Paris Agreement’s 1.5°C goals.
The ‘Vehicle Technology’ graph below outlines the previous and forecasted technology of vehicles produced by Mercedes-Benz from 2021-2029 using independent analysis of S&P Global Mobility data.
Stellantis’ forecasted vehicle size: The proportion of medium-sized vehicles, large vehicles and small vehicles produced by Stellantis in its entire fleet between 2021 and 2029 is estimated to decrease from 5% to 3% for large vehicles, and from 22% to 17% for small vehicles, while medium sized vehicles remain the same at 7%. In the same time period, the proportion of SUVs is expected to increase from 35% to 45%. Light commercial vehicles are expected to decrease from 31% to 28% between 2021-2029. The AR6 WGIII report found that vehicle size plays a major role in determining vehicle emissions, with larger vehicles a significant driver of increased emissions.
The ‘Vehicle Size’ graph below outlines the previous and forecasted future size of vehicles produced by Mercedes-Benz from 2021-2029 usingindependent analysis of S&P Global Mobility data.
Stellantis’ zero-emission production & the IEA's 1.5°C scenario: Production data for Stellantis in 2029 forecasts that 42% of all its vehicles will be battery-electric vehicles (BEVs), and 0% fuel cell electric vehicles (FCEVs). This compares negatively to the IEA’s 1.5°C scenario for road transport, which assumes 57.5% of all light-duty vehicle sales in 2030 will need to be zero-emission vehicles (BEVs or FCEVs) to reach global net-zero by 2050.
The below graph compares automakers’ previous and forecasted production of zero-emission vehicles (BEVs and FCEVs), with the trend line extrapolated from the IEA’s 1.5°C scenario for road transport in 2030.
The 'Fleet ZEV' graph below provides a simplified model of the companies’ current and future emissions based on combining EU vehicle emissions data with forecasted light-duty vehicle production data supplied by IHS, broken down by manufacturer, vehicle size, and technology type.
This model is not a definitive prediction of future emissions values for major vehicle manufacturers, but an estimation of future tailpipe emissions made using the best available emissions data. Future real-world emissions will likely vary depending on region, as well as granular differences between different vehicles that are not captured by the model. Additionally, as the model uses EU data, where produced cars typically have amongst the lowest CO2 emissions globally, it likely provides an underestimate of current and future CO2 emissions per manufacturer. Full details are available in the methodology.
The vehicle emissions data for Stellantis, can be filtered by region using the dropdown below
The 'Fleet Efficiency' graph below provides a simplified model of the companies’ current and future emissions based on combining EU vehicle emissions data with forecasted light-duty vehicle production data supplied by IHS. The three lines represent the estimated lab emissions (modeled on EU testing data) and estimated real-world emissions (based on research from the ICCT) for the company, alongside the green line, representing the IEA's well below 2°C pathway in their Sustainable Development Scenario (SDS) for road transport
The graph below compares the simplified emissions model data for the company from 2021-29, with other model data for other major global automakers.
