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FCA US reaches settlements on diesel emissions at estimated cost of $800M

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The estimated total cost of settlements is $0.8 Customer compensation, the estimated future cost of the extended warranty and the cost of environmental mitigation efforts also account for approximately $400 million, bringingbthecestimated total to $800 million.

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Toyota continues prepare the market for fuel cell vehicle in 2015

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Toyota Motor continues to lay the foundation for the introduction of its production fuel cell hybrid vehicle in 2015; the company began work on fuel cell technology in 1992. Eliminating the need for a humidifier allowed Toyota to simplify the structure of the fuel cell system, making it lighter, smaller and more cost-effective.

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CATL to adopt Toyocolor’s conductive carbon nanotube dispersions

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With governing bodies around the world tightening emission restrictions on gasoline-powered vehicles in an effort to achieve carbon neutrality, the percentage of EVs in the new vehicle market is expected to jump from 8% in 2022 to 30% in 2030. in Guangdong, China.

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DOE estimates EV battery pack costs in 2022 nearly 90% lower than in 2008

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The Department of Energy’s (DOE’s) Vehicle Technologies Office estimates the cost of an electric vehicle lithium-ion battery pack declined 89% between 2008 and 2022 (using 2022 constant dollars). The decline in cost is due to improvements in battery technologies and chemistries, and an increase in manufacturing volume.

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BNEF forecasts EVs to be 35% of global new car sales by 2040; cost of ownership below conventional-fuel vehicles by 2025

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This would be almost 90 times the equivalent figure for 2015, when EV sales are estimated to have been 462,000, some 60% up on 2014. The projected change between now and 2040 will have implications beyond the car market. This would be equivalent to nearly 8% of global electricity demand in 2015. Although some 1.3

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Navigant forecasts global annual natural gas vehicle sales to reach 3.9M in 2025, up 62.5% from 2015

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million vehicles in 2015 to 3.9 Overall, Navigant expects the worldwide market for light-duty NGVs to grow at a compound annual growth rate (CAGR) of 4.3% between 2015 and 2025. Navigant expects Asia Pacific to remain the largest market, with more than 1.56 million in 2025. million, accounting for 2.6% of all LDVs.

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UMTRI study finds total cost of ownership of diesels in US often much less than gasoline counterparts

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Though there are some exceptions to these positive results for some of the diesel versions of vehicles from a total-cost-of-ownership perspective, the overall direction of the results supports the idea that diesel vehicles are competitive within the U.S. Belzowski 2015. Data: Polk, 2015. Click to enlarge. Model year.

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