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Volkswagen has the potential to earn revenue from the $2 billion the automaker is required to spend on zero-emission vehicle projects in the diesel emissions settlement, a federal agency official said. U.S. Environmental Protection Agency enforcement chief Cynthia Giles said “nothing” in the consent decree prohibits VW “from obtaining revenue” from projects that receive that […]

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Volkswagen Group will be introducing more than “30 new pure electric vehicles” by 2025 while establishing a mobility solutions unit. As the embattled automaker seeks to emerge from the diesel emissions-cheating scandal, CEO Matthias Mueller projects the more than 30 EVs are expected to account for up to one-quarter of its sales – two to […]

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