April 01 - 13:04
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Volkswagen will buy credits from Tesla to meet China's environmental rules - Reuters
A Volkswagen joint venture in China will buy green car credits from Tesla to help meet China's local environmental rules, Reuters has reported. China's environmental policies use a credit system to encourage automakers to work towards a cleaner future by, for example, improving fuel efficiency or making more electric cars. Companies can buy credits to ensure compliance with these targets.
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