AUTOMAKERS WILL POOL CO2 EMISSIONS WITH TESLA AND POLESTAR TO MEET EU 2025 RULES

Automakers facing tougher European Union 2025 emissions rules are planning to buy carbon credits from electric vehicle companies including Tesla and Polestar to avoid hefty fines, an EU filing showed on Tuesday.

Companies with lower EV sales can "pool" their emissions with segment leaders, purchasing emissions credits from other manufacturers to lower their overall averages. The move could save them hundreds of millions of euros in penalties.

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