Volkswagen is investing $2 billion to push electric vehicles as part of its emissions scandal settlement

Reuters/Brendan McDermid Volkswagen launched a new US-based unit that will manage $2 billion in investments in zero emission vehicle infrastructure and awareness programs for the next decade on Tuesday as part of a court settlement on its excess diesel emissions. The world's largest automaker by sales said the unit plans to install more than 500 charging stations nationwide, including more than 300 stations in 15 metro areas. It will also develop a high-speed, cross-country network consisting of...