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“Fiat Chrysler is going to launch a new version of its Fiat 500 battery-powered vehicle in Europe this year, along with plug-in hybrid versions of its Jeep Comp
by dsalzman 7y ago
“Fiat Chrysler is going to launch a new version of its Fiat 500 battery-powered vehicle in Europe this year, along with plug-in hybrid versions of its Jeep Compass, Renegade and Wrangler models. That, combined with the Tesla credits, should make the company compliant with Europe’s emissions rules, CEO Mike Manley told analysts in July.
While Fiat Chrysler would otherwise struggle to meet new carbon-dioxide emissions standards in Europe, the so-called open-pool option available in the European Union allows automakers to group their fleets together to meet targets.“ Fiat is paying Tesla for emission credits to meet EU regulations.
- new_realist 7y agoTesla is a compliance car manufacturer for-hire. If they were serious about the planet (and their own mission statement) they would cease this dirty practice.
- HeavenFox 7y agoWhy? Sounds like the law is working as intended: subsidizing electric car with ICE car profits
- new_realist 7y agoIt undoes all the good from buying their cars. For every Tesla I buy, someone else gets to pollute more. It’s legal, but it’s immoral.
- lern_too_spel 7y agoIt's the opposite. For every Fiat that is purchased, Teslas become cheaper. Purchasing a Tesla does not make a Fiat cheaper.
- new_realist 7y agoMy interest is greenhouse gas emissions, not in wealth transfer shell games. If Tesla did not sell the right to pollute to the highest bidder, produced Teslas would reduce greenhouse gas emissions. But they do, so every Tesla sold results in a mirror SUV created. Buying a Tesla does not help with climate change. I might as well buy the SUV and let some sucker on the other side of the trade deal with the premium prices, charging hassle, and range anxiety that comes with EV ownership. What good is a marginally cheaper Tesla if, at the end of day, it doesn’t reduce pollution one bit?
- new_realist 7y agoNow, on the other hand, Tesla wasn’t a compliance car manufacturer for-hire, EU regulations would still make polluting cars more expensive than Teslas, and manufacturers would have an even greater incentive to shift to less polluting cars more quickly, resulting in less overall pollution in the air.
- lern_too_spel 7y agoIf Tesla did not sell the right to pollute to the highest bidder, it wouldn't be able to fund itself. You have a fundamental misunderstanding of how carbon permit equivalent systems work. Each year, the number of permits decreases and the price of polluting goes up. If you immediately drop the number of permits to zero, the production infrastructure won't be in place.
- woodandsteel 7y agoIt's not a wealth transfer game intended to enrich Musk. Tesla is using the money to expand production of ev's faster than it could. As far as ICE SUV's goes, if Fiat wasn't manufacturing them, someone else would. And the reason the emission standard is in place is the EU has decided to force the manufacturers to switch over to producing ev's over the next decade. That is the big story you ought to be paying attention to.
- lttlrck 7y agoIt’s still a net positive. If electric cars didn’t exist two ICE cars would be sold...
- DeonPenny 7y agoIt's funny that you believe fiat would if tesla wasn't here just lobby to lower the regulation like every other time. At least in this case its funding electric car companies instead of giving money to a government.