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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. 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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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. between 2012 and 2018, resulting in global sales of 47.6 million vehicles in 2018, up form more than 30 million units in 2012. billion revenue in 2018, Pike suggests. billion revenue in 2018, Pike suggests. Source: Pike Research. Click to enlarge.

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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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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. Battery electric buses are still in development and demonstration for most parts of the world, including the United States and Europe. million kWh by 2018, a CAGR of 42%.

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2018 VW Tiguan and new 2.0 TSI B-cycle engine gives VW a strong offering in compact SUV segment

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Volkswagen of America is in the process of rolling out its all-new long wheelbase 2018 Volkswagen Tiguan ( earlier post ). As with the all-new 2018 Volkswagen Atlas full-size SUV ( earlier post ), the new Tiguan is based on Volkswagen’s Modular Transverse Matrix (MQB) architecture. Significance of the 2018 Tiguan.

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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

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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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AT&T deploys 5,000th alt-fuel vehicle; tracking to goal of 15,000 by 2018

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AT&T has placed 5,000 alternative-fuel vehicles (AFVs) on US roads since the company embarked on a 10-year commitment of up to $565 million to deploy approximately 15,000 alternative fuel vehicles through 2018, including one of the largest US corporate commitments to compressed natural gas (CNG) vehicles to date. Earlier post.)

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

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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. Local power generation is becoming more valued as people realize that the cost of conditioning electricity for the grid is an unnecessary expense in local power environments.

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