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Argonne study finds BEVs can have lowest scheduled maintenance costs, but highest cost of driving

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Researchers at Argonne National Laboratory, with colleagues from Lawrence Berkeley, Oak Ridge, and National Renewable Energy labs, and the University of Tennessee, have published a comprehensive analysis of the total cost of ownership (TCO) for 12 sizes of vehicles ranging from compact sedans up to Class 8 tractors with sleeper cabs.

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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 Customer compensation, the estimated future cost of the extended warranty and the cost of environmental mitigation efforts also account for approximately $400 million, bringingbthecestimated total to $800 million. 6 million to Customs and Border Protection.

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New report showcases innovative finance tools to electrify truck, bus fleets; TCE Toolkit

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Broader collaboration among key stakeholders and a new generation of finance solutions will be needed to electrify trucks and buses at scale by 2050, according to a report released today by Environmental Defense Fund (EDF), MJ Bradley and Vivid Economics. —“Financing the Transition”. —“Financing the Transition”.

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Bloomberg New Energy Finance forecasts plug-in electric vehicles could account for up to 9% of US auto sales in 2020 and 22% in 2030

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million and 4 million vehicle sales respectively), according to research company Bloomberg New Energy Finance (BNEF). However, achieving such growth level will be dependent on two key factors: aggressive reductions in battery costs and rising gasoline prices. Last week, J.D. million units in 2020, or some 7.3% Earlier post.)

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EPRI: lifetime cost of ownership of plug-ins is roughly comparable with conventional vehicles

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Consumers who purchase an electric vehicle will find that lifetime costs to own the vehicle are competitive with conventional and hybrid vehicles, according to an analysis conducted by the Electric Power Research Institute (EPRI). However, they can be relatively inconvenient for long-range driving, depending on the vehicle design.

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CO2-to-chemicals company Liquid Light raises $15M Series B financing; process scale-up and application validation

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Start-up Liquid Light, a developer of process technology to make major chemicals from low-cost, globally-abundant carbon dioxide ( earlier post ), has closed a $15-million Series B financing. The financing was completed at a significant increase in company valuation.

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SolarCity and Honda to finance $50M more in solar projects for Honda and Acura customers and dealerships

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SolarCity and Honda have renewed their partnership with a new fund expected to finance $50 million in solar projects. The companies have already completed or initiated a range of solar projects for homeowners, dealerships and corporate facilities that total more than 12.5 Earlier post.) MW of solar generation capacity.

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