FT: Fiat Chrysler pays several hundred million euros to Tesla as part of a new partnership

Starting next year, the EU will introduce new, tougher emissions requirements from automakers, forcing Fiat Chrysler to take unconventional measures, according to the Financial Times.

On Sunday, the British newspaper announced that Fiat Chrysler had agreed to pay "hundreds of millions of euros" to Tesla for their electric cars to be counted in the Fiat Chrysler fleet.

The entry of electric cars into the car fleet will lower the average CO₂emissions per vehicle at a legal level.

Starting next year, the EU will limit its emissions requirements to just 95 grams of CO₂ per kilometer.

Avoid the brilliant life

Last year, Fiat Chrysler's vehicles had an average flow of 123 grams per kilometer, according to UBS, which said automakers had "the biggest risk of not meeting EU requirements." ".

Jefferies analysts have predicted that Fiat Chrysler will be fined two billion euros in 2021 when the new requirements become part of the law.

European regulations allow manufacturers to combine several types of cars in their fleet, which has allowed Volkswagen to include VW, Seat and Skoda in the same fleet as Porsche and Audi, in order to reduce average emissions.

The regulation also allows competitors to create parking facilities together, but no one has done so far.

Cooperation between competitors

"This is the first time that two completely different carmakers have merged their fleets as part of a strategy," said Julia Poliscanova, senior director of Transport and Environment at the Financial Times.

– Once you have merged a parking lot, it is valid for several years, she continues.

Although Fiat Chrysler plans to sell hybrid and electric cars in the future, it is a fact that they are a little behind some competitors in this area.

The Financial Times refers to a message posted on the European Commission's website that Fiat Chrysler entered into a partnership with Tesla on 25 February.

According to the report, Tesla cars will enter the same parking as Alfa Romeo, Jeep and Maserati.

The financial details of the deal do not come from the message, and Fiat Chrysler also did not want to comment on the deal with the Financial Times. (Conditions)Copyright Dagens Næringsliv AS and / or our suppliers. We would like you to share our cases using the link that leads directly to our pages. Copying or other forms of use of all or part of the content may only take place after written authorization or as permitted by law. For other words, see here.