Virginia Allocates $12 Million On EV Buses Using VW Trust's Funds07/02/2019
17 new electric buses and fast chargers to be deployed by three local transit systems in Virginia
Virginia, in a smart way, leverages the electrification of electric buses, supporting the deployment by using Volkswagen Mitigation Trust.
The state managed to allocate more than $12 million in funding, but nearly $9 million will come from the Volkswagen Environmental Mitigation Trust (VW Trust) that the Commonwealth received as part of its settlement with Volkswagen.
“The $9 million from the VW Trust will be augmented by $3.5 million from the statewide transit capital program, as well as another $6.5 million in federal and local funds. This allocation is part of a commitment announced last fall of $14 million in VW Trust funding for electric transit buses. The Virginia Department of Environmental Quality (DEQ) will make the remaining $5 million of the $14 million initial allocation available for electric transit buses for next year’s transit grant cycle, which will open on December 1, 2019.”
In effect, soon three local transit systems in Alexandria, Blacksburg, and Hampton Roads will get a total of 17 electric buses and required charging infrastructure:
- Alexandria (DASH): $5.1 million for six battery-electric transit buses and fast chargers
- Blacksburg Transit: $3.3 million for five battery-electric transit buses and fast chargers
- Hampton Roads Transit: $3.9 million for six battery-electric transit buses and fast chargers
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