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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 Click to enlarge. The technology used is similar to that of the pioneering ORYX GTL plant in Qatar.

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Pike Research forecasts annual sales of electric bicycles to surpass 47M units by 2018; Li-ion battery share to climb to 12%

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Electric bicycle sales by region, world markets: 2012-2018. Pike Research forecasts that the worldwide market for e-bicycles will grow at a compound annual growth rate (CAGR) of 7.4% between 2012 and 2018, resulting in global sales of 47.6 million vehicles in 2018, up form more than 30 million units in 2012.

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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 vehicles were marketed to consumers as environmentally friendly, meeting or exceeding California’s emissions rules, and providing best in class fuel economy and driving range.

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Pike forecasts 26.4% CAGR for electric-drive buses to 2018; hybrid, battery-electric and fuel cell

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Pike Research forecasts that the global market for all electric-drive buses—including hybrid, battery electric, and fuel cell buses—grow steadily over the next. from 2012 to 2018. The Africa/Middle East countries will see very little uptake due to the high cost of electric buses and infrastructure, the report finds.

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Pike forecasts sales of electric two-wheelers in Asia Pacific to reach more than 65M units in 2018; China dominates

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Electric two-wheel vehicle sales by country, Asia Pacific: 2012-2018. Pike Research forecasts that annual sales of electric two-wheel vehicles (e-scooters, e-motorcycles, and e-bicycles) will show robust growth and reach more than 65 million units in 2018. more than 60 million units in 2018 at a CAGR of 6.6%. Click to enlarge.

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Adamas: 93% of all xEVs sold in 2018 used permanent magnet traction motors

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In 2018, 93% of all passenger BEVs, PHEVs and HEVs sold globally used permanent magnet (PM) traction motors, an increase of 1% over 2017 penetration rates, according to a model-by-model build-up using Adamas Intelligence’s “ EV Motor Power and Motor Metals Tracker ”.

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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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