Fiat Chrysler-Tesla emissions deal is a band-aid LJucca
Fiat Chrysler Automobiles has agreed to pay Tesla hundreds of millions of euros to count some of the electric carmaker’s vehicles in its fleet to offset carbon emissions and avoid a potentially large European Union fine, the Financial Times reported on April 7.
Tesla did not immediately respond to a request for comment. FCA did not comment on the amount mentioned in the FT report but said in a statement to Reuters on April 7 that the purchase pool would allow it to deliver products its customers want while managing compliance. The European Union has set a target for average carbon dioxide emissions of 95 grams per kilometre for each new car, to be achieved by 2021.
Carmakers which fail to meet the target must pay a fine of 95 euros per gram of carbon dioxide by which emissions exceed the limit, for each car registered.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Fiat Chrysler to pay Tesla hundreds of millions of euros to pool fleet: FTItalian carmaker Fiat Chrysler Automobiles NV has agreed to pay electric carmake...
Read more »
Fiat Chrysler to pay Tesla hundreds of millions of euros to pool fleet: Financial TimesItalian carmaker Fiat Chrysler Automobiles NV (FCA) has agreed to pay electric c...
Read more »
Exor's Elkann stresses long-term commitment to Fiat ChryslerExor, the holding company of the Agnelli family, remains committed to Fiat Chrys...
Read more »
Fiat Chrysler Canada's auto sales fall 11 percent in MarchFiat Chrysler Automobiles NV on Tuesday reported an 11 percent fall in total Mar...
Read more »
Sweet seats and candy canes: Inside Fiat Chrysler's Toledo turnaroundLots of workplaces have a hot seat. At the Jeep assembly plant in Toledo, Ohio, ...
Read more »
Fiat Chrysler to pay Tesla hundreds of millions of euros to pool fleet: Financial TimesItalian carmaker Fiat Chrysler Automobiles NV (FCA) has agreed to pay electric c...
Read more »
Fiat Chrysler to pay Tesla hundreds of millions of euros to pool fleet: FTItalian carmaker Fiat Chrysler Automobiles NV has agreed to pay electric carmake...
Read more »
Exor's Elkann stresses long-term commitment to Fiat ChryslerExor, the holding company of the Agnelli family, remains committed to Fiat Chrys...
Read more »
Fiat Chrysler Canada's auto sales fall 11 percent in MarchFiat Chrysler Automobiles NV on Tuesday reported an 11 percent fall in total Mar...
Read more »