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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

In addition to the normal advertising, public relations and maintenance costs, there are several special metrics in NIO's marketing costs, including the average cost of user development and the average cost of user service, he said. For more articles, please visit CnEVPost.

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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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DISCOVR project seeking high productivity algae to reduce cost of biofuels

Green Car Congress

Researchers at Pacific Northwest National Laboratory, with colleagues from Los Alamos, Sandia and NREL, are working to lower the cost of producing biofuels from algae. Determining strains of algae that are highly productive could help lower the cost of biofuel production.

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

Green Car Congress

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 This low cost combined with a favorable regulatory environment has really helped foster the use of ride-hailing services. —Shiv Patel.

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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. 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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Proposed Changes to Federal EV Tax Credit – Part 2: End of the Manufacturer Sales Phaseout

EV Adoption

In part 1 of this series we provided a high-level summary and handy table of the 9 key proposed changes to the federal EV tax credit. In this part 2 article, we’ll dive deeply into the elimination of the per manufacturer 200,000 EVs sold phaseout.