Business and Finance
Business and Finance
Automakers to pool CO2 emissions with Tesla, Mercedes to comply with EU 2025 rules
- Stellantis , Toyota , Ford , Mazda and Subaru are planning to pool carbon emissions with U.S. EV maker Tesla to comply with European Union 2025 rules, an EU filing showed on Tuesday.
The article from Reuters discusses how several major automakers including Stellantis, Toyota, Ford, Mazda, and Subaru are planning to pool their CO2 emissions with Tesla starting in 2025. This strategy is aimed at complying with the European Union's increasingly stringent emissions regulations. By pooling emissions with Tesla, which produces zero-emission electric vehicles, these companies can offset their higher-polluting internal combustion engine vehicles, thereby meeting regulatory requirements more cost-effectively. This move comes as the EU plans to reduce CO2 emissions from new cars by 55% by 2030 compared to 2021 levels, pushing traditional automakers to either electrify their fleets or find alternative compliance methods like emissions pooling.
Read the Full Reuters Article at:
[ https://www.reuters.com/business/autos-transportation/stellantis-toyota-ford-mazda-subaru-plan-pool-co2-emissions-with-tesla-2025-01-07/ ]
Read the Full Reuters Article at:
[ https://www.reuters.com/business/autos-transportation/stellantis-toyota-ford-mazda-subaru-plan-pool-co2-emissions-with-tesla-2025-01-07/ ]
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