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Electrify America is a newly established company under the ownership of Volkswagen Group of America, with the mission to enhance the availability of zero-emission vehicles across the nation. Volkswagen is committing a total investment of $2 billion to support this initiative, distributed through four installments of $500 million over a period of 30 months.
The formation of this company is part of Volkswagen’s settlement in response to their excessive diesel emissions.
Electrify America has outlined its primary objectives as follows:
- Investing in electric vehicle (EV) charging infrastructure
- Raising awareness and promoting education
- Implementing a “green city initiative” based in a California metropolitan area
Electrify America Aims to Establish a Rapid Cross-Country Charging Network
To achieve these objectives, Electrify America plans to install 500 charging stations nationwide, with 300 distributed across 15 key metropolitan regions. While the company intends to enhance charging options in convenient locations like large apartment complexes and shopping centers, the initial focus will be on high-traffic urban areas. Additionally, Electrify America aims to create a high-speed charging network that will consist of 200 charging stations connecting coast to coast.
Mark McNabb, a veteran in the automotive industry, will lead the company. Reports suggest that the planning for the first phase of investments is already underway. However, before any investments can proceed, Electrify America must present its plans to the California Air Resources Board and the U.S. Environmental Protection Agency by February 22.
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