4 ms·
There are a few different programs but I will focus specifically on ZEV credits. Basically, automakers that don't make a certain number of EVs relative to total
by totalZero 6y ago
There are a few different programs but I will focus specifically on ZEV credits. Basically, automakers that don't make a certain number of EVs relative to total sales must buy credits from automakers who produce a surplus of EVs. Right now, the conventional automakers buy hundreds of millions of dollars' worth of ZEV credits from Tesla every quarter. However, they won't need to buy those credits if they produce a large number of their own EVs.
https://www.caranddriver.com/news/a32346670/other-automakers-paid-tesla-record-354-million/ https://www.caranddriver.com/news/a32346670/other-automakers...