ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Electric cars in China

Tesla set to capture $390m in China's carbon market

Volkswagen ventures owe most in emissions trading, lacking green vehicles

Visitors check a China-made Tesla Model Y sport utility vehicle at the EV maker's showroom in Beijing.   © Reuters

BEIJING -- Tesla is expected to earn about $390 million this year from automobile emissions credits in China, while Volkswagen looks to be the biggest loser in the carbon trading scheme.

Automakers and auto importers operating in China are required to manufacture and sell a certain ratio of new-energy vehicles, which include electric cars and plug-in hybrids. Companies receive credit points for surpassing the goal, set at 12% of total sales volumes in 2020. Trading of those credit points started this year.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more