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Tesla makes an agreement with Fiat Chrysler to merge the fleet for EU emission requirements



Tesla reached an agreement reportedly costing hundreds of millions of dollars from Fiat Chrysler to join its fleet in Europe in order to avoid exemptions for emissions.

The European Commission is introducing average CO2 emissions of 95g per kilometer in fleets next year.

This means that the average vehicle sold by the automaker during the year should be no more than 95 g per kilometer or they are subject to significant fines

. Of course, the addition of zero-emission vehicles, like all electric vehicles, can help reduce the average, but Fiat Chrysler is seen as lagging behind in the industry when it comes to bringing all electric vehicles to market

Like the ZEV mandate in California, where automakers are lagging behind in sales of electric vehicles can buy credits from other car manufacturers from an overcharge, the EU allows car makers to connect their fleet

Tesla sent an invitation to the automobile industry Those who could use their important zero-emission fleet in Europe, and according to an update on the European Commission's website, Fiat Chrysler took them on offer

None of the companies disclosed the financial results of the deal, but it is estimated at the amount of hundreds of millions of euros.

The sale of Terel's electricity was extremely useful in helping to increase its financial performance over the years. the impact was somewhat limited by the availability of loans and only a few markets that implement them.

Now this new system in Europe, which is a big market for Tesla, should have a greater impact

. The great time that Tesla is supposed to be under a significant cash crunch is the next lackluster first quarter in 201

9.

That said, Tesla should not expect this to continue too long because automakers do not like to send money to their

Despite the fact that they are definitely behind the rest of the industry, Fiat Chrysler plans its own range of electric vehicles, and they most likely will not need the Tesla fleet in a few years.

of these rules. The more EVs, the better.


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