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

Green Car Congress

The estimated total cost of settlements is $0.8 billion, in line with financial charge taken for this purpose in third-quarter, 2018. The affected vehicles will also qualify for an extended warranty in connection with the software update. FCA US has also settled a putative class action on behalf of private consumers.

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Daimler Trucks E-Mobility Group starts global initiative for electric-truck charging infrastructure

Green Car Congress

Within the framework of the initiative, the E-Mobility Group is bringing together the main players—e-truck customers, power grid operators, energy suppliers, charging hardware manufacturers and charging software providers—thus promoting shared infrastructure solutions for truck customers within the network.

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Renault, Jiangling JV introducing electric sedan and services for ride-hailing at IAA

Green Car Congress

Ltd (JMCG) in 2018. Mobilize packages will also include various services such as manufacturer-backed warrantees, maintenance, insurance, and charging solutions. Available solely on subscription, the offer will include packages and à la carte mobility solutions. Mobilize Limo.

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DOE releases five-year strategic plan, 2014-2018; supporting “all of the above” energy strategy

Green Car Congress

The US Department of Energy (DOE) released its five-year 2014-2018 Strategic Plan. Demonstrate three grid-connected advanced offshore wind concepts by 2017. ?. Reduce the cost of transportation fuel cells by more than 25% to meet the 2020 target of $40/kilowatt and durability of 5,000 hours and efficiency of 60%.

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ION ENergy exits stealth mode with launch of UDYR 48V Li-ion battery for two- and three-wheelers

Green Car Congress

In addition to developing energy storage systems, ION will also license its proprietary and chemistry-agnostic battery management systems and software applications to other battery-manufacturers and OEMs. The company formally launches at The Battery Show Europe 2018 with growing list of key customers.

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Market Update: How Battery Pack Costs Declined Since 2008

Blink Charging

The cost of battery packs has been a significant factor in the adoption of these technologies, and recent developments show that we’re moving in the right direction as prices drop. In 2008, the cost per kilowatt-hour (kWh) was $1,355, but by 2022, it had dropped to $153 per kWh.

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Volkswagen Group to invest $106 billion over next 5 years in Automotive Division

Green Car Congress

Investments in property, plant and equipment, investment property and intangible assets, excluding capitalized development costs (capex) in the Automotive Division will amount to €64.3 billion (US$80 billion), on a level with the planning approved in the previous year for the period from 2014 to 2018. billion (US$51.3

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