Electrify America is a wholly owned subsidiary of Volkswagen Group of America, Inc. This means Volkswagen Group of America, Inc. established and fully owns the company.
Understanding Electrify America's Ownership
As a wholly owned subsidiary, Electrify America operates under the complete ownership and control of its parent company, Volkswagen Group of America, Inc. It was created and funded by Volkswagen to fulfill a significant commitment to advancing electric vehicle (EV) infrastructure in the United States. Rather than being an acquisition from another entity, Electrify America was developed internally by Volkswagen for a specific purpose.
Volkswagen's Investment in EV Infrastructure
Volkswagen Group of America, Inc. has made a substantial commitment to support the adoption of zero-emission vehicles (ZEV) across the nation. This commitment includes a multi-billion dollar investment, part of which funds Electrify America's efforts to build a robust and accessible charging network.
Key aspects of Electrify America's mission, driven by Volkswagen's investment, include:
- Developing an expansive network of ultra-fast charging stations: These stations are designed to serve various EV models from different manufacturers, not just Volkswagen vehicles.
- Supporting ZEV Investment Plans: Electrify America's operations align with both National and California ZEV Investment Plans, aiming to accelerate the transition to electric mobility.
- Promoting EV adoption: By providing reliable and convenient charging options, Electrify America seeks to alleviate range anxiety and encourage more consumers to switch to electric vehicles.
More Information
For further details on Electrify America's network, investment plans, and initiatives, you can visit their official website at www.electrifyamerica.com.
