Volkswagen to buy credits from Tesla in China to comply with environmental rules, say sources SECTIONS Last Updated: Apr 01, 2021, 04:07 PM IST Share Synopsis The deal, the first of its kind to be reported between the two companies in China, highlights the scale of the task Volkswagen faces in transforming its huge petrol carmaking business into a leader in electric vehicles to rival Tesla. AFP The ventures' gasoline sedans and SUVs have so far proved far more popular in China than their electric vehicles. A Volkswagen joint venture in China has agreed to buy green car credits from Tesla to h...