因欧盟排放池需求遇冷，沃尔沃汽车、特斯拉排放积分收入缩水

盖世汽车02-05

盖世汽车讯据外媒报道，随着监管调整与市场不确定性重塑欧洲车企合规策略，车企纷纷推迟签订2026年排放池协议——与2025年车企争相组建排放池以规避欧盟罚款的热潮形成鲜明反差。图片来源：沃尔沃汽车2025年前三季度，沃尔沃汽车通过出售排放积分获得24.4亿瑞典克朗（约合2.73亿美元）收入，特斯拉全球排放积分收入则达19.9亿美元。2025年初，瑞银集团分析师曾预计，特斯拉仅在欧洲市场的排放积分...

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colds","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TSLZ":0.6,"TSII":0.6,"TESL":0.6,"TSDD":0.6,"TSLO":0.6,"TSL":0.6,"VLVOF":1.92,"TSLI":0.6,"07766":0.6,"TSLG":0.6,"TSLS":0.6,"TSLQ":0.6,"TSLR":0.6,"TSLP":0.6,"TSYY":0.6,"TSLY":0.6,"TSLA":1.94,"CRSH":0.6,"TSLW":0.6,"TSLT":0.6},"content_text":"盖世汽车讯 据外媒报道，随着监管调整与市场不确定性重塑欧洲车企合规策略，车企纷纷推迟签订2026年排放池协议——与2025年车企争相组建排放池以规避欧盟罚款的热潮形成鲜明反差。图片来源：沃尔沃汽车2025年前三季度，沃尔沃汽车通过出售排放积分获得24.4亿瑞典克朗（约合2.73亿美元）收入，特斯拉全球排放积分收入则达19.9亿美元。2025年初，瑞银集团分析师曾预计，特斯拉仅在欧洲市场的排放积分收入就有望突破10亿欧元。欧盟委员会去年3月推出碳排放合规目标三年平均核算机制，消除了2025年推动车企组建排放池的单年达标紧迫性，此后沃尔沃汽车与特斯拉的排放积分需求大幅下滑。沃尔沃汽车首席执行官（CEO）汉肯·塞缪尔森（Hakan Samuelsson）表示：“碳排放积分的价值很可能变得存疑。”马自达欧洲CEO Martijn ten Brink也证实了车企的观望态度，他向《欧洲汽车新闻》透露：“2026年的安排我们将在第一季度后再做决定，需要先观察今年电动汽车的市场需求。”2025年，沃尔沃汽车加入了包含极星、梅赛德斯-奔驰及smart品牌的排放池。该公司计划于2月4日发布财报，届时将披露全年排放积分收入数据。梅赛德斯-奔驰首席财务官Harald Wilhelm于去年2月曾预计，为满足欧盟更严格的碳排放目标，该公司2025年需支付“低个位数”亿欧元的合规成本。财报显示，沃尔沃汽车2023年和2024年通过出售排放积分分别获利超1亿美元。汉肯·塞缪尔森认为，沃尔沃汽车从排放积分中获得的收益将进一步减少，原因是欧盟委员会去年3月迫于其他车企压力，允许车企以2025-2027年平均排放水平作为合规依据，降低了达标难度。1月21日，汉肯·塞缪尔森在媒体圆桌会议上对《欧洲汽车新闻》表示：“我们推动电动化并非为了出售积分。但政策制定者要求我们这么做，随后又修改规则，这确实令人困扰。不过这也在意料之中，这类情况屡见不鲜，我们只能再次吸取教训——坚持做我们认定的事，而非单纯迎合欧盟的要求。”2025年初，车企曾掀起组建排放池的热潮，因当时预计需实现至少20%的纯电动车销量才能满足欧盟目标。若未达标，每超出目标1克/公里碳排放，每辆车将被处以95欧元罚款，业内估算总罚款最高可达150亿欧元。特斯拉2025年在欧洲的排放池成员包括Stellantis、丰田、福特、马自达及斯巴鲁。特斯拉未披露欧洲市场排放积分收入的具体拆分数据，但其全球该类收入去年近20亿美元，同比下降28%。1月28日，特斯拉将监管积分收入减少列为2025年第四季度营业利润率从2024年同期的6.2%降至5.7%的原因之一。截至目前，尚无车企为2026年组建开放型排放池。欧盟委员会文件显示，仅宝马集团与现代汽车集团组建了排放池，且均不对外接纳新成员。旗下包含宝马、MINI、劳斯莱斯品牌的宝马集团于1月29日称，按WLTP测试标准，其2025年欧洲车队碳排放为90克/公里，低于欧盟92.9克/公里的目标值。宝马集团CEO奥利弗·齐普策（Oliver Zipse）在一份声明中表示：“2025年，我们再次超额完成欧盟严苛的碳排放目标，且未依赖任何灵活机制或排放池。”","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"policyRegulatory","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; 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