The $10 billion vehicle buyback, lease termination, and vehicle modifications covers individual consumers who purchased or leased eligible VW vehicles. Under the settlement, Volkswagen has agreed to buy back, terminate leases or provide emissions modifications for nearly 475,000 diesel cars in the United States. If you have a VW personally or in your fleet, enter your Vehicle Identification Number (VIN) at https://claims.vwgoa.com to see if your vehicle qualifies.
The $2 billion Zero Emission Vehicle Investment is divided between California ($800 million) and the other states ($1.2 billion). The ZEV investment is administered by Volkswagen through its designated subsidiary, Electrify America. Electrify America will invest $2 billion over the next 10 years in ZEV infrastructure and education programs in the U.S.
The $2.925 billion Environmental Mitigation Trust fund is to be allocated among states, American Indian tribes and qualifying territories, based on the number of affected vehicles in each location, to reduce Nitrogen Oxide (NOx) emissions from the transportation sector. States must apply to be the Beneficiaries to receive any funds.
The goal of the EMT is to reduce NOx emissions in the United States. The settlement lists a variety of Eligible Mitigation Actions (EMAs), or actions that beneficiaries can take to reduce Nitrogen Oxide (NOx) emissions using EMT funding. The EMAs focus on repowering or replacing aging, diesel-powered medium and heavy duty vehicles/equipment with new diesel, alternative fuels, or all-electric engines and vehicles. Beneficiaries may also spend up to 15% of the EMT allocation funds on the acquisition, installation, operation and maintenance of new light-duty electric vehicle supply equipment (i.e., charging stations) for specified projects.
Eligible vehicle classes and equipment include: