ºÚÁϳԹÏÍø

Honda Motor Co. is shelving plans to jointly develop affordable electric vehicles with General Motors Co. due to a changing business environment, CEO Toshihiro Mibe said.

Li-Cycle Holdings Corp., which is in line for $375 million in federal funding, announced it would pause construction on a first-of-its-kind lithium-ion-battery recycling plant.

The national average price for a gallon of diesel climbed 10.1 cents to $4.545 a gallon after a recent downswing, according to Energy Information Administration data released Oct. 23.

TeraWatt Infrastructure acquired two sites in California’s Inland Empire region to build heavy-duty electric truck charging sites, the company said.

Chevron is buying Hess Corp. for $53 billion and it’s not even the biggest acquisition in the energy sector this month as major producers seize the initiative while oil prices surge.

Electric vehicle maker Rivian opened a new retail and customer service space in the heart of Atlanta to showcase its vehicles and confirmed plans to break ground on a new Georgia factory.

WASHINGTON — Fifty years after the 1973 Arab oil embargo, the current crisis in the Middle East has the potential to disrupt global oil supplies and push prices higher. 

Owners of Toyota and Lexus electric vehicles in North America will be able to charge on Tesla’s network starting in 2025, and the Japanese automaker also will start using Tesla’s EV connector.

Tesla Inc. is sticking with its full-year production forecast and promising its new Cybertruck by Nov. 30, even as it reported worse-than-expected earnings last quarter.

Ford Motor Co. says it would face $1 billion in fines from 2027 to 2032 under stricter proposed average fuel economy rules that target SUV and truck manufacturers.