Business · Companies · 8 hrs ago
BMW offers rivals a way to pool emissions to meet EU limits
BMW is offering rival carmakers a way to pool their emissions so they can work toward meeting European Union limits.
Under this system, manufacturers can count emissions from several brands together instead of meeting the targets on their own.
Rivals can apply for pools covering 2025, 2026 and 2027, with applications due by 1 October next year.
Applicants must share their emissions figures with BMW and sign a confidentiality agreement.
BMW will check whether the pool can meet its targets and whether members could afford costs such as fines if it falls short.
BMW met the EU targets on its own last year, and the ICCT says it currently has the highest share of electric vehicles among European carmakers.
The offer could help other manufacturers meet EU limits, while applicants must provide the information and financial assurances BMW requests.
BMW is offering rival carmakers a way to pool vehicle emissions to help meet EU limits.
Pooling allows manufacturers to account jointly for emissions from their own brands and competitors.
Companies can apply to BMW for pooling covering 2025 retroactively and the years 2026 and 2027.
Applicants must disclose their emissions and sign a confidentiality agreement.
BMW may ask applicants for financial reports or bank guarantees if the pool risks missing its targets.
- Who
- BMW is offering the arrangement to competing carmakers.
- What
- The companies can pool their CO₂ emissions to help meet EU limits.
- When
- The arrangement covers 2025 retroactively, as well as 2026 and 2027. Applications are due by October 1 of the following year.
- Where
- The European Union.
- Why
- Pooling can help manufacturers meet emissions limits they might not meet on their own.
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Companies may apply retroactively for pooling covering this year.
Companies may apply to BMW for pooling covering these years.
Applications must reach BMW by this deadline.
- Pooling
- Allows companies to account jointly for emissions from their own brands and competitors
- Application periods
- 2025 retroactively, 2026 and 2027
- Application deadline
- October 1 of the following year
- Applicant requirements
- Disclose emissions and sign a confidentiality agreement
- Possible financial checks
- Financial reports or bank guarantees