Fiat Chrysler Automobiles will pay Tesla hundreds of millions of euros for their cars to be “common”

Italian car manufacturer FiatChrysler Automobiles agreed to pay the manufacturer of electric cars Tesla hundreds of millions of euros only for the fact that Tesla vehicles were taken into account in its fleet. In this way, the automaker hopes to avoid penalties for violating the new EU emissions regulations. This was reported by the Financial Times on Sunday, April 7th.

Tesla will share cars with Fiat Chrysler Automobiles

You see, the thing is that when countingCO2 emissions per vehicle are considered “average”. Such an expensive step will allow the Italian carmaker to offset carbon dioxide emissions from their cars at the expense of Tesla and reduce the average to an acceptable level, says FT.

However, the financial details of the transaction and the exact amount of deductions that Fiat Chrysler will be willing to pay Tesla, have not yet been disclosed.

According to the publication with reference to the European Commission, the Italian manufacturer formed an open pool with Tesla on February 25.

Tesla did not respond to a request for comment on Sunday. Fiat Chrysler did not indicate the exact amount it would pay, but added that "it optimizes the options for compliance with the rules."

“FCA is committed to reducing emissions from allour products. The purchased pool provides flexibility in the delivery of products that our customers are willing to buy, and at the same time corresponds to the settlement at the lowest cost, ”added the company.

So Tesla is on horseback? And what will happen next? Let's discuss in our chat in Telegram.