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Wilmington Trust selected as trustee for $2.7B Volkswagen Environmental Mitigation Trust

Green Car Congress

billion trust, established as part of Volkswagen’s diesel emissions settlement, will be used to implement approved air pollution mitigation initiatives in US states and federally-recognized Native American nations. The company also served as trustee for the Greece debt restructuring program. Wilmington Trust, N.A.

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Canoo Pickup, Kia EV6, Honda and Mini EV Plans: EV Week in Review – Mar 9-15

EV Adoption

GM To Develop Solid State Batteries With SolidEnergy Systems – General Motors has signed a deal with a Massachusetts Institute of Technology spinout for joint development of next-generation electric vehicle batteries that are expected to cut the cost of the technology by 60%. – March 15, Green Car Reports.

Kia 52