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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. Each current and former owner and lessee of these vehicles will be eligible to receive a payment averaging $2,800 as part of the plaintiff steering committee settlement.

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NIO aims for swap stations to serve partly as showrooms in underdeveloped cities

CN EV Post

Battery swap stations in tier 3 and tier 4 cities can replace stores, Qin said, adding that there is some market space in those cities, but the traffic is not steady, so stores are not needed. NIO's average development cost per user is the cost of everything about selling cars, which the company aims to optimize year by year.

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

Green Car Congress

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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New Ricardo 48V electric motor aims to boost power and cut costs of hybrids; up to 50% increase in power density; ECOCHAMPS

Green Car Congress

As part of its contribution to a recently completed major European research initiative to achieve more efficient and cost-effective hybrid powertrains for both passenger cars and commercial vehicles, Ricardo developed a new 48V e-motor offering up to a 50% increase in power density compared with current production machines.

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

Green Car Congress

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. higher sulfur) nature of the crude petroleum supplied to the market. billion in. Hydrocracking and fluid catalytic cracking.

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IDTechEx calculates ~31 GWh of electric vehicle markets beyond cars in 2021

Green Car Congress

While electric cars will remain the largest electric vehicle market for the foreseeable future in terms of battery demand and market revenue generation, most transport sectors are facing a transition. There are relatively few strong market drivers for electric vehicles in construction. Electric Vehicles in Construction - 1 GWh.

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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%

Green Car Congress

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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