Audi Activesphere Concept is luxury crossover that turns into a pickup

More

Volkswagen Group delivered 572,100 all-electric vehicles in 2022

More

Mazda MX-30 e-Skyactiv R-EV revealed at the Brussels Motor Show

More

Ram Unveils 1500 Revolution BEV Concept In Las Vegas

More

Truemag

  • Electric Car News
  • Electric Car Reviews
  • Plug-in Hybrids
  • Technology
  • Home
  • About Us
  • Privacy Policy
  • Advertise
  • Charging Map

Volkswagen invests $2B to promote electric cars in the U.S.

Volkswagen Group of America launched a U.S. subsidiary that will manage $2 billion in investments in zero emission vehicles and infrastructure over a decade as part of a court settlement over its cheating on emissions tests for several years.

Dubbed Electrify America LLC, the company plans to install more than 500 charging stations nationwide, including more than 300 stations in 15 metro areas, and to develop a high-speed, cross-country network consisting of more than 200 fast-charging stations for electric cars.

Volkswagen will also launch a “Green City” initiative in a yet-to-be-identified California city to pilot future concepts, including potentially a ZEV-based shuttle service, an EV-based car-sharing program, or a ZEV transit program.

The company will make four $500 million investments every 30 months and must get approval from the California Air Resources Board and the EPA for spending. VW must submit draft plans to regulators on the first funding plan by Feb. 22.

VW agreed to spend the money on infrastructure and other projects to promote the adoption of zero-emission vehicles as part of a legal settlement with the U.S. EPA stemming from the company’s cheating on emissions tests for its diesel cars.

Volkswagen markets one model of electric car in the U.S. — the e-Golf — and has set a target of selling between 2 and 3 million electric vehicles worldwide by 2025. The strategy is backed by the planned introduction of 20 new electric models by 2020.

Feb 8, 2017Blagojce Krivevski
Renault-Nissan Delivers Significant Growth In 2016, Extends Electric Vehicle Sales RecordBMW i Ventures makes strategic investment in Desktop Metal
You Might Also Like
 
2022 Volkswagen ID.4 Pro boasts EPA-estimated 280-mile range
 
Only at Volkswagen: visitors can help build the e-Golf in the Transparent Factory in Dresden
Blagojce Krivevski

Blagojce Krivevski is physicist and green technology lover. Keep in touch with Blagojce through his email, web site, Twitter, Linkedin, Facebook and Google+.

February 8, 2017 Electric Car NewsElectrify America, Volkswagen, VW
Follow Us
  • facebook
  • twitter
  • google-news
  • linkedin
  • youtube
  • instagram
  • feedburner
Recent News
All-New Marketing Campaign for Hyundai’s IONIQ 6 Explains Why It’s Time to Go Electric
January 27, 2023
Volkswagen Commercial Vehicles launches ID. Buzz Augmented Reality experience
January 27, 2023
DB Schenker to use first MAN eTrucks from 2024 onwards
January 27, 2023
IVECO BUS signs a framework agreement for the sale of up to 500 electric buses in Belgium
January 27, 2023
Audi Activesphere Concept is luxury crossover that turns into a pickup
January 26, 2023
About
ElectricCarsReport.com ElectricCarsReport.com is a website dedicated to pure electric vehicles and the full range of consumer information and tools about electric cars, green technology energy, and the environment.
Latest News
All-New Marketing Campaign for Hyundai’s IONIQ 6 Explains Why It’s Time to Go Electric
January 27, 2023
Volkswagen Commercial Vehicles launches ID. Buzz Augmented Reality experience
January 27, 2023
DB Schenker to use first MAN eTrucks from 2024 onwards
January 27, 2023
Subscribe

Sign up for our newsletter to receive the latest news and event postings.

Get in touch

Email: [email protected]

Archives
  • facebook
  • twitter
  • google-news
  • linkedin
  • youtube
  • instagram
  • feedburner
DMCA.com
© ElectricCarsReport.com | All Rights Reserved.