Tesla is biggest ZEV credit supplier in California in past year

Article by Anita Panait, on October 22, 2013

Tesla Motors Inc. was the biggest seller of zero-emission vehicle credits in California in the period covering Oct. 1, 2012, to Sept. 30, 2013, while Toyota Motor Corp. was the biggest trader of hybrid-car credit trades, according to a report by the California Air Resources Board. According to the report, Tesla transferred 1,311.52 ZEV credits in the period, 32 times the figure of Suzuki Motor Corp.

On the other hand, Toyota transferred 507.5 AT PZEV credits, generated by its Prius hybrid. General Motors Co., meanwhile, acquired the same number of PZEV credits. According to Dave Clegern, a spokesman for California Air Resources Board, all carmakers covered by the program are “in compliance and that to us is the goal.”

California, which has authority to establish pollution conventions considered as more stern than US standards, is requiring carmakers to sell electric or other non-polluting vehicles in proportion to their market share in the state, with an aim to have 1.5 million zero-emission vehicles on the road by 2025.

Carmakers who have acquired ZEV credits from Oct. 1, 2012, to Sept. 30, 2013, were Chrysler Group LLC, GM; Honda Motor Co.; Jaguar Land Rover; Fuji Heavy Industries Ltd.’s Subaru; and Volkswagen AG. The report, however, didn’t disclose the carmakers’s respective ZEV credit suppliers.

The tally indicates credits based on exhaust emissions instead of numerical units generated per vehicle. Clegern remarked that while Suzuki is not anymore selling electric vehicles in California, carmakers can transfer credits accumulated in the past. Suzuki discontinued sales in the US in 2012.

Topics: tesla, california

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