ACT Expo 2017

Sessions Speakers Exhibitors Products Press Releases Show Specials Floor Plan Buzz

VW Settlement Funds

04 May 17
12:00 PM - 1:30 PM

Tracks: Medium- & Heavy-Duty Commercial Vehicles, Urban Fleet Mobility

Up to $4.7 billion will be distributed from the Volkswagen Consent Decree settlement to fund advanced clean transportation technology purchases, fueling infrastructure, and market acceleration activities. Up to $2.0 billion of these funds will be used to improve ZEV infrastructure and access to ZEVs, and for ZEV education, while the other $2.7 billion will be spent on emission-cutting and a variety of low-emission and alternative fuel vehicle deployment projects. Compared to the $300 million that was made available via the Recovery and Reinvestment Act of 2009 (ARRA) in both the US DOE Clean Cities Program and US EPA DERA Program, this VW funding presents an unprecedented opportunity for the growth. Money from the VW settlement will be distributed at the state level by designated "Beneficiaries." Details on who these Beneficiaries will be and how the money will be spent at the state level will begin to emerge in May 2017, right at the time of the ACT Expo conference. With VW monies expected to flow in late 2017, you will not want to miss this important session.