Tesla and Chinese carmakers could see windfall from EU emissions rules
- Posted on January 31, 2025
- By Business News Today
- 2 Views
Tesla and Chinese carmakers could see windfall from EU emissions rules
European automakers face challenges from stricter EU carbon emission regulations, leading them to buy emissions credits from rivals like Tesla and Chinese companies. The regulations, mandating increased zero-emissions cars production, threaten fines up to billions of dollars if targets aren't met. They argue for a flexible approach considering economic disruptions.