CARB Details Its Plan For VW’s $800 Million Settlement In California For EV Adoption
CARB (California Air Resources Board) has released its proposals for how Volkswagen could spend its mandated $800 million (40% out of $2 billion nationwide) Dieselgate settlement over the next 10 years in California.
The $800 million is to be divided into four 30-month spending cycles (of $200 million each), and reviewed annually by a third party. CARB stresses that it would like to see significant movement in the first 30 month period, and not to ‘back-end’ the deal.
The German manufacturer now needs to present its plan to California regulators by February 22, 2017.
The main goals stated by CARB are:
- Support transportation electrification
- Support the next generation of zero-emission vehicles
- Grow the State’s burgeoning ZEV market
- Support access to ZEVs, including for low- and moderate-income consumers in disadvantaged communities
Four eligable ZEV investments are:
- ZEV Infrastructure
- Brand-neutral education and public awareness campaigns
- ZEV access improvements for all California consumers
- A Green City initiative (for example car sharing)
Because ZEV includes hydrogen fuel cell cars, the infrastructure can also include hydrogen stations, but we believe that most of the funds on infrastructure will be spent on AC Level 2 and DC fast charging.
But most importantly, whatever the money is spent on, it can’t favor VW-specific products, but rather must be brand-neutral for the common good.
We certainly look forward to February and to see actual goals and benchmarks set for this very significant investment in EV adoption in California, and also for the rest of the US.