PARIS (Reuters) – Nissan Motor Co Ltd. (OTC:) is open to teaming up with other automakers to meet its 2025 CO2 emissions targets, a spokesman for the Japanese automaker in Europe told Reuters on Thursday.
“Nissan is fully committed to an electrified future in Europe,” she said. “2025 will be a challenging year given current general market conditions and regulatory changes. Therefore, we are exploring options for a short-term merger.”
She added that nothing has been decided yet and would not comment on which other automaker she might sign an agreement with.
Companies can “share” their emissions with EV market leaders by purchasing emission credits from them to lower overall averages and save hundreds of millions of euros in fines. On Tuesday, EU reports showed that companies such as Stellantis (NYSE:), Mercedes and Toyota (NYSE:) plan to buy carbon credits from manufacturers including Tesla (NASDAQ:) and Polestar (NASDAQ:).
In recent years, Nissan has been included in the CO2 emissions pool with Renault (EPA:), its alliance partner Renault Nissan, which was renewed in 2023.