Fiat Chrysler Automobiles has agreed to pay Tesla hundreds of millions of euros to ensure that automobile vehicles are taken into account in their fleet in order to avoid large fines for violating the stringent new EU emission regulations.
Emissions of CO2 from their cars against Tesla, lowering its average to acceptable levels. Next year, the EU's target for average CO2 emissions from cars is 95 g per kilometer.
In 2018, average emissions amounted to 120.5 g per kilometer, according to the data provider Jato Dynamics. Last year, FCA averaged 123g, according to which the carmaker had "the highest risk of not reaching the target." . PA Consulting last year said that the FCA is likely to exceed the target of 6.7 grams of CO2 per kilometer ̵
According to the EU rules, car makers are allowed to internally combine emissions, which allows Volkswagen, for example, to offset the emissions of VW, Seat and Skoda against those supplied from Porsche and Audi cars. open pools but no one has agreed to do this
"For Europe this is the first time that completely separate producers have combined their emissions together as a commercially viable compliance strategy," said Julia Poliskanova, Senior Transport Director for the Environment , environmental lobby and research group. "Once you have created a pool, it has been operating for several years."
FCA plans to sell hybrid and electric vehicles in the future, but it is believed that they are behind most other automakers in this part of the market. His low sales of electric cars make it difficult to meet EU goals without the consent of Tesla.
Executive Director Mike Manley said earlier that the company will use all available options to achieve goals, including the dumping of the most polluting cars from its range and continues to sell diesel vehicles that produce less CO2 than petrol models. A statement by the European Commission website, Fiat Chrysler, has formed an outdoor pool from Tesla on February 25th, saying that Tesla will be considered in its fleet of brands, which include Alfa Romeo, Jeep and Maserati.
The document also showed that the Japanese rivals Mazda and Toyota will form an outdoor pool. Toyota owns a 5 percent stake in Mazda.
The declaration does not disclose financial details. FCA refused to comment on financial features. Tesla confirmed his submission of his intention to form a pool on February 22 "to give another [carmakers] a chance to join the pool." The programs are closed on March 25.
Tesla generates significant earnings by selling zero emission car loans in the US. Last year it earned $ 103.4 million, thus, compared to $ 279.7 million a year earlier. Revenues may vary significantly depending on when the contracts are executed, the company explained in a normative submission in February.