"Nissan has formed a pool with BYD for its CO2 fleet emissions in Europe for the 2025 calendar year. The scope of the agreement covers passenger vehicles within EU markets and will contribute to Nissan's commitment towards zero emissions in a sustainable way, while continuing to support the EU's 2050 decarbonisation target. It added that it had entered into the agreement to ensure the business is better able to comply with EU regulations and continue the transition towards our own goal of zero emissions."
"Chinese exports of EVs to the EU are already posing an existential crisis to the European car industry but are now, like Tesla, helping traditional car firms meet their decarbonisation targets courtesy of an EU regulation that in effect allows car firms to pool emissions. The EU has already extended the period for compliance with emissions rules from one year to three years, fuelling fears this will further delay the already slow take-up of EVs in the EU,"
Nissan will pool CO2 fleet emissions with BYD in Europe for the 2025 calendar year, covering passenger vehicles in EU markets. The agreement is intended to contribute to Nissan's commitment towards zero emissions in a sustainable way and to support the EU's 2050 decarbonisation target while aiding regulatory compliance. The EU has sanctioned a wider offsetting scheme that allows emissions pooling and could help combustion-engine manufacturers avoid an estimated €13bn in fines. Chinese EV exports are increasing pressure on European manufacturers while also enabling decarbonisation via pooling. Extending compliance from one to three years raises concerns about slowing EV uptake. Under the rules, manufacturers must meet emissions targets of 93.6g of CO2 per kilometre.
Read at www.theguardian.com
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