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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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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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ABI Research: 16B ride-hailing trips completed globally in 2017, 24B expected in 2018; 70% in Asia

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A recent mobility study by ABI Research on regional ride-hailing markets found that 16 billion ride-hailing trips were completed worldwide in 2017. ABI forecasts that 24 billion completed trips by the end of 2018. This has spurred the growth of dynamic ride-hailing services, where the average cost of a trip can be as low as US$0.10

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Shell Starship 3.0 to use Cummins X15N natural gas engine running on RNG

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The Starship initiative, launched in 2018, is intended to demonstrate how a Class 8 truck’s energy usage can be reduced by harnessing currently available energy-efficient technologies and lubricants. mpg in the 2018 run with Starship 1.0. At ACT Expo in Anaheim, Shell announced that Shell Starship 3.0 In its 2021 run, Starship 2.0

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Global refinery catalyst market forecast to grow 34% to $4.3B by 2018

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Refinery catalyst markets will reach $4.3 2018, up from $3.2 Market growth comes in large part from demand for cleaner diesel fuel and the availability of newer technology and nanotechnology. Hydrotreating catalysts will continue to achieve the best growth in the petroleum refining market, aided by the increasingly sour (i.e.,

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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.