San Jose and San Francisco stand to gain hundreds of high-speed electric vehicle charging stations as part of Volkswagen’s $2 billion settlement related to false emissions test results.

The German automaker earlier this week released its plan to disburse the funds, which were part of a court settlement with the California Air Resources Board and Environmental Protection Agency. The company was penalized last June after it sold half a million 2.0-liter diesel vehicles rigged with software to cheat…