Stellantis(US:STLA) 汽车商业评论·2025-09-10 05:28Core Viewpoint - The European automotive industry's electrification efforts are facing significant adjustments due to regulatory and market pressures, as Stellantis has abandoned its goal of only selling pure electric vehicles in Europe by 2030, indicating a shift in strategy to address the risk of industry collapse [3][6][11]. Group 1: Strategic Adjustments - Stellantis has confirmed at the Munich Motor Show that it will no longer pursue the hard target of only selling pure electric vehicles in Europe by 2030, while still maintaining other operational and financial goals under the "Dare Forward 2030" strategy [6][11]. - The CEO of Stellantis, Jean-Philippe Imparato, warned that without revisions to carbon dioxide reduction regulations by the end of the year, the entire European automotive industry could face a collapse crisis [3][6][12]. - The shift from a firm all-electric goal to a more flexible approach reflects the disconnect between regulations and market realities, as 60% of European vehicle sales are below €40,000, making current electric vehicle prices and charging infrastructure inadequate [3][11]. Group 2: Market and Regulatory Challenges - The current carbon dioxide emission thresholds set for 2025 and beyond are deemed unachievable, leading to a pragmatic shift among automakers to focus on maintaining mainstream price points and stable cash flow [7][11]. - The European automotive industry is experiencing structural challenges, including rising interest rates, inflation, and uneven charging infrastructure, which are compressing the transition efficiency for entry-level and mainstream vehicles [11][12]. - The EU's regulations require a 55% reduction in passenger car CO2 emissions by 2030 compared to 2021 levels, with a complete ban on new CO2-emitting vehicles by 2035, which has led to calls for adjustments to these targets [12][16]. Group 3: Industry Response and Future Directions - The Munich Motor Show highlighted the industry's focus on more affordable electric vehicles, with new models priced below €25,000 being crucial for reviving demand [6][13]. - Stellantis is advocating for a mixed technology approach to meet emissions targets, emphasizing the need for a flexible regulatory framework that allows for a gradual transition rather than a strict all-electric mandate [16][17]. - The automotive sector is increasingly looking to collaborate with partners to enhance supply chain efficiency and fill the gap in entry-level electric vehicle offerings, indicating a shift towards practical solutions in the face of regulatory pressures [17][18].