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Transactions - JULY 30, 2018

Electrify America and Sacramento initiate new zero-emission vehicle programs

by Released

Electrify America, a subsidiary of Volkswagen Group of America, headquartered in Reston, Va., and the City of Sacramento in California have inaugurated new projects designed to increase access to zero-emissions vehicles (ZEV) in the Sacramento region, expand ZEV technology use, and prepare the City for future electric vehicle adoption.

The projects are part of Electrify America’s $2 billion Green City Initiative, which was announced by the company and city officials in February 2017.

Projects include:

  • Car sharing – The company is investing between $15 million and $18 million for the launch of two ZEV car share services within the City of Sacramento.
  • ZEV bus/shuttle services – Electrify America is investing between $11 million and $14 million in a ZEV bus service and an on-demand micro-shuttle service. To support powering the fleets, Electrify America will also install charging stations with ultra-fast chargers to power each service.
  • EV charging infrastructure – With an investment of $14 million to $16 million, Electrify America will install more than 10 ultra-fast EV charging stations in the Sacramento region which will be available to the public. The charging stations will have a range of power from 50 kilowatts (kW), which is most commonly used in today’s electric vehicles, to 150kW and 350kW.

The specific details on each of these ZEV initiatives, car sharing, bus service, micro-shuttles and charging infrastructure, will be announced closer to the launch of each service, with a roll-out of initial services anticipated in late 2018.

Overall, Electrify America is investing $800 million in California over 10 years to support the increased use of ZEV technology with more ZEV infrastructure and education.

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