Volkswagen AG forms a new subsidiary to manage $2 billion it is required to spend on zero-emission vehicles

10 February, 2017

Volkswagen AG has formed a new subsidiary to manage the $2 billion it is required to spend over the next decade in support of zero-emission vehicles in the U.S.

Volkswagen_Logo_Telematics_WireVW-ElectrifyingAmerica-T'wireThe company, Electrify America LLC, will focus on three primary activities aimed at increasing usage of ZEV technology and showing more Americans that going electric is possible today:

1) Investing in electric vehicle (EV) charging infrastructure to increase availability of chargers, with construction starting in 2017. Our planned investments will focus on:

  • Installing chargers locally in approximately 15 metro areas consisting of 300+ stations (L2 or DC Fast Chargers (50 to 150+ kW))
  • Developing a high-speed, cross-country network consisting of 200+ stations (DC Fast Chargers)

Given the deployment versatility of EV chargers, locations could include:

  • Multi-family homes (e.g., apartment complexes)
  • Workplaces (e.g., office parks)
  • Retail (e.g., stores, malls, restaurants, hotels, refueling stations)
  • Communities (e.g., municipal parking lots, street parking spots)

Initially, we plan to focus on charger installation in metro areas that could benefit from increased charging infrastructure (e.g., densely populated) and highly trafficked cross-country highways.

2) Increasing awareness and fostering education about EVs, charging availability, and the benefits of electric mobility through various means such as ride and drives, multi-channel advertising, website, social media, and educational programs.

3) Launching a Green City initiative in a yet-to-be-named California municipality to pilot future concepts of sustainable mobility, such as a ZEV-based shuttle service, EV-based car-sharing program, or ZEV transit application.

Volkswagen Group of America will accomplish its mission in four 30-month investment cycles, with planning for the first cycle underway. We welcome input and proposals, but caution that some submissions might not fit within the scope of our initiatives for the first 30-month investment cycle. Other promising ZEV initiatives, such as hydrogen fueling stations or national ZEV car-sharing or ZEV ride-sharing services, will be considered in later investment cycles.

Tagged with:     , ,

Related Articles

Latest Interviews

Copyright © 2014
TELEMATICS WIRE

TELEMATICS WIRE

Your 'go-to' news source for Vehicle Telematics

D-98, 2nd Floor, Sector 63, Noida - 201301, India

+91 - 120-4218526 / 4218528

info@telematicswire.net