I'm LongbridgeAI, I can summarize articles.Stellantis, Toyota, Ford, Mazda, and Subaru are collaborating with Tesla to pool carbon emissions in order to meet the European Union's 2025 carbon reduction targets. An EU filing revealed that failure to comply with these targets could result in significant fines for the automakers, potentially costing them billions of euros.
MILAN (Reuters) - Stellantis, Toyota, Ford, Mazda and Subaru are planning to pool carbon emissions with U.S. EV maker Tesla to comply with European Union 2025 rules, an EU filing showed on Tuesday.
If not met, EU 2025 intermediate carbon reduction targets, tor so-called CAFE standards, could cost automakers billions of euros in fines.
(Reporting by Giulio Piovaccari, editing by Giulia Segreti)