28 Jul '17, 10am

California ARB approves $200M VW zero-emission vehicle investment in California; first phase of $800M investment

California ARB approves $200M VW zero-emission vehicle investment in California; first phase of $800M investment 28 July 2017 The California Air Resources Board (CARB) today approved the first of four plans by VW to invest $800 million over 10 years in zero-emission vehicle (ZEV) infrastructure, public outreach, and access to these ultra-clean vehicles for residents of disadvantaged communities. (Earlier post .) The investment is part of a multi-pronged settlement agreement resulting from the automaker’s use of defeat device software in its 2009-2016 diesel passenger cars. VW has paid out more than $15 billion in claims and penalties for using those defeat device; the ZEV investment is one of multiple pieces intended to mitigate the resulting projected environmental harm. A separate part of the overall agreement requires VW to mitigate the excess NOx emissions of its diese...

Full article: http://www.greencarcongress.com/2017/07/20170728-vwarb.html

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