Electric car charging station companies issue warning over Volkswagen settlement

by SpeedLux
Volkswagen brand logo

Electric automobile charging companies are asking for independent oversight of the $2 billion Volkswagen AG is required to invest in clean automobile facilities, saying Volkswagen should not have the power to form the nascent electrical vehicle charging space.

The German automaker consented to invest the money, that includes $1.2 billion nationally and $800 million in California, as part of its penalties for gearing up numerous of its diesel vehicles sold in the United States with software application created to cheat tailpipe emissions tests.

While charging station companies called the money a possible “game changer,” they stress that if it is wasted, it could harm competitors.

“The agreement should not select winners and losers, specifically provided that this emerging market shift will in no little part specify 21st century transportation,” twenty 8 companies, consisting of ChargePoint, EV Connect and Electric Vehicle Charging Association, stated in a letter to the United States Justice Department on Friday.

The letter was observed by Reuters on Tuesday, stated an independent administrator is crucial to ensuring that the program treats all industry individuals, regardless of company model and innovation, fairly.

Volkswagen has not yet made any comment.

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