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EMISSIONS: Automakers Pool Carbon Credits With Tesla, Polestar to Meet EU Rules

EMISSIONS
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Automakers like Stellantis and Mercedes are pooling carbon credits with Tesla and Polestar to meet strict EU 2025 emissions rules and avoid hefty fines, according to an EU filing cited by Reuters.

  • Companies with lower EV sales can "pool" their emissions with leaders in the sector, buying credits to lower their overall averages, potentially saving hundreds of millions of euros in penalties.
  • Automakers must apply to the Tesla-led pool by February 5 and the Mercedes-led pool by February 7.
  • The deals rely on 2025 sales figures, with no breakdown of credit volumes disclosed.
  • Additionally, a spokesperson for Polestar told Reuters that Polestar, Volvo Cars and Smart will sell their surplus emission credits to Mercedes.
  • Stellantis’ European operations chief, Jean-Philippe Imparato, emphasised the aim to avoid EU fines in 2025 by increasing EV sales in Europe from 12% to 21%, with fines of €300mn for each missed percentage point.
  • Renault CEO Luca De Meo estimates the 2025 rules could cost European carmakers €15bn.
  • And some automakers and governments, such as Italy, are calling for a suspension of 2025 fines.
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Automakers like Stellantis and Mercedes are pooling carbon credits with Tesla and Polestar to meet strict EU 2025 emissions rules and avoid hefty fines, according to an EU filing cited by Reuters.

  • Companies with lower EV sales can "pool" their emissions with leaders in the sector, buying credits to lower their overall averages, potentially saving hundreds of millions of euros in penalties.
  • Automakers must apply to the Tesla-led pool by February 5 and the Mercedes-led pool by February 7.
  • The deals rely on 2025 sales figures, with no breakdown of credit volumes disclosed.
  • Additionally, a spokesperson for Polestar told Reuters that Polestar, Volvo Cars and Smart will sell their surplus emission credits to Mercedes.
  • Stellantis’ European operations chief, Jean-Philippe Imparato, emphasised the aim to avoid EU fines in 2025 by increasing EV sales in Europe from 12% to 21%, with fines of €300mn for each missed percentage point.
  • Renault CEO Luca De Meo estimates the 2025 rules could cost European carmakers €15bn.
  • And some automakers and governments, such as Italy, are calling for a suspension of 2025 fines.