💨 Abstract

Stellantis, Europe's second-largest carmaker, will purchase carbon credits from a pool led by Tesla in 2025 to meet EU CO2 reduction requirements, even though carmakers have been given three years to comply. This decision comes after the European Commission allowed compliance based on a carmaker's average emissions over the 2025-2027 period.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖