Stellantis Partners With California to Boost EV Production, Add Chargers — OPIS

Stellantis, a Big Three automaker whose brands include Chrysler, Dodge, Jeep and Ram, has agreed to partner with California to ramp up production of zero-emission vehicles like EVs and to invest in public charging infrastructure, Gov. Gavin Newsom announced Tuesday afternoon.

Under the agreement, Stellantis will avoid up to 12 million additional metric tons of greenhouse gas emissions through Model Year 2026 - equivalent to the emissions from more than 2.3 million vehicles driven in an entire year.

Stellantis will also invest $4 million to deploy public charging infrastructure in California's rural areas and in federal, state and county parks, and an additional $6 million in other states that have chosen to adopt California's greenhouse gas emissions standards.

The 35-page agreement showed CARB and Stellantis have voluntarily entered into agreement based on their mutual interest in "mitigating their respective risks and resolving potential legal disputes concerning California's GHG emission standards applicable to new light-duty motor vehicles."

Under the deal, Stellantis will comply with California's zero-emissions light-duty vehicle sales requirements through 2030, even if CARB is "unable to enforce its standards as a result of judicial or federal action."

The latest deal follows the framework agreements that other top automakers have already signed onto with California in 2019 to cut vehicle emissions through Model Year 2026, as the Trump administration prepared to roll back emission standards for light-duty cars and trucks, according to the announcement.

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--Reporting by Frank Tang, ftang@opisnet.com; Editing by Michael Kelly, mkelly@opisnet.com

(END) Dow Jones Newswires

March 20, 2024 11:52 ET (15:52 GMT)

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