Porsche Ditches Volkswagen Group Emissions Pool, Joins Up With XPENG
This is automaker business news, not a home energy story, but here is what happened. The European Union requires carmakers to cut the average carbon emissions of the vehicles they sell each year, or pay heavy fines. Automakers can avoid those fines by pooling their sales with other companies so the group average meets the target, with the cleaner company charging a fee to the dirtier one.
Porsche has left the shared emissions pool it used with the rest of Volkswagen Group and is instead pooling with the Chinese electric vehicle maker XPENG for the coming year, according to a filing with the European Commission in early August. The move is notable because Porsche is a Volkswagen brand, and it comes as Porsche has been pulling back somewhat from its earlier strong push into electric vehicles. Pairing with XPENG, which sells mostly EVs, likely helps Porsche's numbers average out to meet the EU emissions target even as its own lineup leans less electric. For XPENG, the arrangement brings in extra revenue for little added work.
None of this changes anything about home energy programs, rebates, or upgrades. It is a look at how car companies manage emissions rules and corporate partnerships in Europe, unrelated to the incentives or technologies homeowners might use for heating, cooling, or electrifying their own houses.
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