BYD Negotiates Carbon Credit Pool with European Automakers to Avoid EU Fines
1212+ Words Refined into 6 Facts by AI • 2 sources • 9h ago
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- BYD is in talks to form a carbon credit pool with European automakers.
- Alfredo Altavilla stated, We're in talks, we are well underway, during a presentation.
- Pooling allows lower EV sales companies to purchase emissions credits.
- Automakers like Tesla and Stellantis have announced similar agreements.
- Agreements must be reported to the European Commission by December 31.
- Pooling participants must limit data sharing to specific emissions and targets.
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