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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 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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ADB: Projected cost of Uzbek Oltin Yo’l GTL plant increases by 37% to $5.6B

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The projected cost of the Olin Yo’l GTL project in Uzbekistan ( earlier post ) will hit $5.6 As originally outlined by founding project partners Sasol, Petronas and Uzbekneftegaz, the project was estimated to cost some $4.1 The majority of production will be GTL diesel and GTL kerosene. Click to enlarge. Click to enlarge.

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Market Update: How Battery Pack Costs Declined Since 2008

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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. By keeping these manufacturing jobs in the U.S.,

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JERA and Toyota deploy first large capacity Sweep Energy Storage System with second-life batteries

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The system was built using batteries reclaimed from electrified vehicles (HEV, PHEV, BEV, FCEV) and is connected to the consumer electrical power grid. JERA and Toyota began discussions in 2018 to establish battery reuse technologies, which eventually led to this large-capacity, grid-connected Sweep Energy Storage System.

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Electric shuttles to start service in south Sacramento

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SacRT began piloting the service in February 2018 in partnership with the Franklin Neighborhood Development Corporation using compressed natural gas (CNG) vehicles. Electrify America fully subsidized the costs of the shuttles, the DC fast-charging infrastructure to support them, and the retrofit costs. —Richard Steinberg.

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NREL study finds high-pressure hydrogen pipeline system could potentially make hydrogen cost-competitive with gasoline

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kg in California in the third quarter of 2018. About half of the levelized cost of retail station hydrogen can be attributed to hydrogen delivery, compression, and dispensing costs. The smallest modeled system connects eight existing stations. kg—approximately equivalent to a gasoline cost of $2.7/gal

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

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Ltd (JMCG) in 2018. The ride-hailing market (taxis et private hire vehicles, PHV) in Europe is booming; it is set to grow from €28 billion today, to €50 billion by 2030. The ride-hailing market (taxis et private hire vehicles, PHV) in Europe is booming; it is set to grow from €28 billion today, to €50 billion by 2030.

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