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Fiat Chrysler pools fleet with Tesla to circumvent EU emissions fines

The step will let the Italian carmaker offset carbon dioxide emissions from its cars against Tesla's, by bringing down its average figure to a permissible level

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Reuters Bengaluru
Italian carmaker Fiat Chrysler Automobiles (FCA) has agreed to pay electric carmaker Tesla hundreds of millions of euros so that the vehicles of Tesla are counted in its fleet to avoid fines for violating new European Union emission rules, the Financial Times reported on Sunday.
 
The step will let the Italian carmaker offset carbon dioxide emissions from its cars against Tesla’s, by bringing down its average figure to a permissible level, the FT said.
 
The report did not mention financial details of the specific amount that Fiat Chrysler has agreed to pay Tesla. The Italian carmaker formed an

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