MILAN (Reuters) -Automakers have formed alliances to help them avoid hefty European Union fines on carbon emissions by purchasing credits from electric vehicle companies. Several legacy automakers face potential fines as the transition to EVs in Europe has proved slower than expected in recent years. Here are details about the regulation and alliances for 2025, as of Monday: FINES EU fines – which automakers have said could reach up to 15 billion euros ($17.5 billion) – were initially envisaged on 2025 carbon emission levels. In March, however, the European Commission yielded to pressure from automakers and allowed compliance based on their average emissions over 2025-2027. SCOPE All current alliance agreements, identified by the names of their 'pool managers', will expire at the end of th

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