Tuesday, February 7, 2017

Volkswagen of America Launches Zero Emissions Investment Group as Part of Its Punishment

Volkswagen AG has announced a new U.S. unit that will manage its hefty court-mandated investments in zero-emission vehicle infrastructure and green awareness programs. Electrify America LLC, located in Reston, Virginia, is supposed to be entirely separate from Volkswagen Group's automotive brands and owned as a subsidiary of VW of America. It will oversee $2 billion in […]

The post Volkswagen of America Launches Zero Emissions Investment Group as Part of Its Punishment appeared first on The Truth About Cars.



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