Every new Nissan model in Europe will be 100% electric from now

More

Nissan Concept 20-23 Previews All-Electric Nissan Micra Nismo Hot Hatch

More

2024 Audi Q4 e-tron debuts with more range, more performance

More

Toyota next-gen electric vehicles to arrive in 2026 over 800 km of range

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
 
Volkswagen Golf GTE Plug-in Hybrid Makes UK Debut At The Gadget Show Live
 
Video: how the Volkswagen ID.4 communicates with light
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
  • rss
Recent News
Everrati Unveils Electric Land Rover Defender Superyacht ‘Shore Tender’
September 26, 2023
Porsche Introduces Third Cayenne PHEV Variant: The Cayenne S E-Hybrid
September 26, 2023
Candela C-8 electric boat breaks world record for electric boat endurance
September 26, 2023
Every new Nissan model in Europe will be 100% electric from now
September 25, 2023
Nissan Concept 20-23 Previews All-Electric Nissan Micra Nismo Hot Hatch
September 25, 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
Everrati Unveils Electric Land Rover Defender Superyacht ‘Shore Tender’
September 26, 2023
Porsche Introduces Third Cayenne PHEV Variant: The Cayenne S E-Hybrid
September 26, 2023
Candela C-8 electric boat breaks world record for electric boat endurance
September 26, 2023
Get in touch

Email: [email protected]

Get new stories by email:
Archives
  • facebook
  • twitter
  • google-news
  • linkedin
  • youtube
  • instagram
  • rss
DMCA.com
© ElectricCarsReport.com | All Rights Reserved.