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

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The company formally launches at The Battery Show Europe 2018 with growing list of key customers. Total cost of ownership for many electric vehicles is quickly reaching cost parity with traditional combustion engine models, but only if the asset is properly managed. The company expects to raise additional funding in 2018.

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Leading UK scientists set out resource challenge of meeting EV targets by 2050

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The urgent need to cut CO 2 emissions to secure the future of our planet is clear, but there are huge implications for our natural resources not only to produce green technologies like electric cars but keep them charged. Energy cost of metal production: This choice of vehicle comes with an energy cost too.

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SEAT takes first step towards micro-mobility strategy with electric eXS KickScooter powered by Segway

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In this sense, within the Volkswagen Group’s micromobility strategy, the automotive group’s different brands plan to launch urban mobility solutions in the future. SEAT is introducing the new eXS vehicle, which can be purchased at all of the brand’s dealers beginning in December 2018, at a cost of €599 (US$685).

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European Commission approves up to €5.4B of public support for IPCEI Hy2Tech; 41 hydrogen projects

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The project, called “IPCEI Hy2Tech” was jointly prepared and notified by fifteen Member States: Austria, Belgium, Czechia, Denmark, Estonia, Finland, France, Germany, Greece, Italy, Netherlands, Poland, Portugal, Slovakia and Spain. The Member States will provide up to €5.4 billion in public funding, which is expected to unlock additional €8.8

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The Next Oil Price Spike May Cripple The Industry

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While they offer a smoother ride, more passenger and storage space per square foot, and less noise and environmental pollution at a lower “cost of operation” (fuel and maintenance), in terms of “cost of ownership” EVs can yet compete with ICEVs. For a future oil price spike would not indicate a sign of recovery of the oil industry.

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Next 10 report finds California will meet or exceed original target of 1.5M ZEVs by 2025

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The Road Ahead for Zero-Emission Vehicles in California: Market Trends & Policy Analysis analyzes California’s ZEV market, including historic sales, costs, technology trends, forecasts and challenges. It also reviews policies and implications that could affect future market growth. ZEV sales increased 29.1% This works out to 0.05

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Groupe PSA and FCA agree to merge; 4th largest OEM by volume, 3rd by revenue

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million vehicles, with revenues of nearly €170 billion (US$189 billion), recurring operating profit of more than €11 billion (US$12 billion) and an operating profit margin of 6.6%, all on a simple aggregated basis of 2018 results. The total one-time cost of achieving the synergies is estimated at €2.8