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Electric Car Charging Station Companies Issue Warning Over Vw Settlement

Ron Burgundy

By Ron Burgundy,
in Tech News

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Ron Burgundy Omniscient Member

Ron Burgundy

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A Volkswagen logo is seen at a dealership in Seoul,By Rory Carroll SAN FRANCISCO (Reuters) - Electric vehicle charging companies are calling for independent oversight of the $2 billion Volkswagen AG is required to invest in clean car infrastructure, saying VW should not have the power to shape the nascent electric car charging space. The German automaker agreed to invest the money, which includes $1.2 billion nationally and $800 million in California, as part of its penalties for equipping hundreds of thousands of its diesel vehicles sold in the United States with software designed to cheat tailpipe emissions tests. While charging station companies called the money a potential "game changer," they worry that if it is misspent, it could hurt competition.




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