Fiat Chrysler to pay Tesla to pool CO2 emissions
Fiat Chrysler Automobiles has agreed to pay Tesla "hundreds of millions" euros so that the vehicles of Tesla are counted in its fleet to avoid fines for violating new European Union emission rules which will take effect from 2021 (95 g/km).
According to the Financial Times reported yesterday the step will let FCA offset carbon dioxide emissions from its cars against Tesla's electric cars, by bringing down its average figure to a permissible level.
Fiat Chrysler formed an open pool with Tesla on Feb. 25, the report added, citing a declaration with the European Commission.
This is nothing new for the Fiat Chrysler Group. In the United States, FCA has previously purchased emissions credits from Tesla, Toyota Motor and Honda Motor taking advantage of the so-called Californian ZEV (Zero Emission Vehicle) credits accrued through the EV production sold to manufacturers who have to offset emissions of their range to selling cars in the US State.