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> Paid no penalties for the whole Dieselgate in Germany, German prosecutors have charged VW's former CEO and some other executives [1]. I think it's very rare
by daddylonglegs 7y ago
> Paid no penalties for the whole Dieselgate in Germany,
German prosecutors have charged VW's former CEO and some other executives [1]. I think it's very rare for bigwigs to be held personally responsible for pollution anywhere in the world so I see this as a refreshing change. The company itself paid a fine in Germany (one billion, I think) and has paid fines in other countries, as well as recalling a lot of cars.
As far as government support goes, well, Tesla made a ton of money from selling pollution permits and I think their car prices were also directly subsidised. I'm sure the big Chinese EV manufacturers were supported at crucial times as well. Industrial policy can be corrupt but it is a necessary part of a big, national or international level effort and I don't think there is any point in pretending otherwise.
[1] https://apnews.com/faeff4b8855c4b0daf538599ae3f9db2 https://apnews.com/faeff4b8855c4b0daf538599ae3f9db2
- dna_polymerase 7y agoVW penalties: - 5 million, the maximum for this misdemeanor "Ordnungswidrigkeit", - 995 million levy of infringer's profits. Given that they couldn't have sold their cars if the real emission values would have been known that number is ridiculously low (we are talking about 10 million cars sold between 2007 and 2015). Now the article mentions 3.5 billion will be invested in electric vehicle infrastructure subsidies.