What if EV credits could be exchanged between drivers? Beijing tries it

Tesla made about $354 million in Q1 2020 by selling regulatory credits. Fiat Chrysler and General Motors, among others, buy billions of dollars in CO2 credits a year to avoid paying fines. What if a similar credit system to get individuals to drive an electric car, or avoid driving altogether, were put in place? That’s what the Beijing Environmental Exchange launched today.

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Source: Charge Forward