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VW launches USD 2 billion Electrify America subsidiary to promote electric cars
On February 7, Volkswagen said that it is launching a new company, Electrify America, to manage a USD 2 billion fund to promote zero-emission cars as part of a USD 14.7 billion settlement with U.S. regulators for violation of pollution standards.
The fund will invest in the development, construction and maintenance o....
The fund will invest in the development, construction and maintenance o....
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