Mercedes is also pooling with Volvo and Polestar, but other automakers like VW, BMW, Kia, Hyundai, JLR and Honda have yet to announce any such plans
Europe an firms could face fines of up to €15 billion if they don't meet the new, stricter targets. Stellantis , Ford , Mazda , Subaru , Leapmotor and Toyota will pool emissions with Tesla to comply with EU's regulations. The sale of carbon credits accounted for roughly 3% of Tesla 's $72 billion in revenue during Q1-Q3 2024. A group of the world’s largest car manufacturers want to pool their Europe an Union emissions with Tesla this year to avoid costly fines.
Tesla has sold fewer vehicles in 2024 than 2023, and a continuation of that trend would not be helpful. Furthermore, Toyota, Subaru and Mazda have all been slower to get BEVs on the road and with Toyota alone selling three times more vehicles than Tesla, the offset effect only goes so far.” These aren’t the only car companies to have created a pool. Mercedes-Benz’s group emissions were 17.3g above its target in 2024, and it was facing €1 billion in fines.
Electric Vehicles Europe Ford Honda Hyundai Industry Kia Leapmotor Mazda Mercedes Mitsubishi Nissan Polestar Renault Reports SAIC Smart Stellantis Subaru Suzuki Tesla Toyota Volvo VW
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