Automakers pool with EV makers to avoid EU emissions fines

All current alliance agreements, identified by the names of their pool managers, will expire at the end of this year. They are expected to be renewed in coming years. Automakers have formed alliances to help them avoid hefty European Union fines on carbon emissions by purchasing credits from electric vehicle companies. Several legacy automakers face… Continue reading Automakers pool with EV makers to avoid EU emissions fines

Mazda forms EU carbon emissions pool with Changan joint venture

Japanese automaker Mazda and its Chinese joint venture with Changan are pooling carbon credits to avoid EU emissions fines. Japanese automaker Mazda has teamed up with its joint venture with China’s Changan to pool carbon credits and help avoid carbon emissions fines, an EU document showed. Several legacy carmakers face potential European Union fines as… Continue reading Mazda forms EU carbon emissions pool with Changan joint venture