Japanese carmaker’s deal with Chinese rival part of EU-sanctioned offsetting scheme to help head off £13bn in finesThe Japanese carmaker Nissan is to team up with its Chinese electric vehicle rival BYD in an attempt to offset their carbon emissions and avoid EU penalties for 2025, it has confirmed.It is part of a wider offsetting scheme the EU has sanctioned for the car industry that could help manufacturers of combustion engine cars head off an estimated £13bn in fines. Continue reading...