Maxi-pool of car manufacturers to escape CO2 fines

Tesla will drive a “maxi pool” of car manufacturers to comply with the limits of CO2 emissions imposed by the European Union in 2025. The European Commission has received declarations of intent for the creation of a grouping which includes, in addition to the American company, even giants like Stellantis and Toyota.

The pooling mechanism allows companies to pool their fleets to collectively meet emissions requirements, thus avoiding heavy financial penalties. This strategic move highlights the growing pressure on car manufacturers to comply with stringent European environmental regulations.

Teslathrough its Dutch branch, will act as “Pool Manager” coordinating a group of 15 entities. These include Toyota Motor Europe, Ford Werke GmbH, Mazda Motor Europe GmbH, Subaru Europe and several divisions of Stellantis, including Peugeot, Citroen, Alfa Romeo and Opel.

The pool remains open to new memberships until February 5th. Participants will be required to sign a confidentiality agreement and provide detailed data on their CO2 emissions. A commission will also be paid to cover the costs of analysis and procedural costs.

The main purpose of this alliance is avoid billion-dollar fines linked to exceeding emission limits. Members will have to demonstrate the ability to “cover any potential excess emissions premium”. The grouping will be valid for the entire year 2025, coinciding with the entry into force of the new emission limits.

This collaboration between competitors highlights the complexity of the transition towards more sustainable mobility and the need for innovative approaches to address regulatory challenges in the automotive sector.

Source: www.tomshw.it