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DUBAI, United Arab Emirates — Saudi Arabian oil company Aramco on Dec. 5 set a share price for its IPO — expected to be the biggest ever — that puts the value of the company at $1.7 trillion, more than Apple or Microsoft.

Toyota Motor Corp. has a problem with selling its hybrids — it can’t get enough of them.

General Motors Co. and its battery partner, South Korea’s LG Chem Ltd., will jointly invest $2.3 billion in a new electric vehicle battery plant to be built in Lordstown, Ohio, the same city where the automaker controversially idled and then sold a 53-year-old compact-car factory.

California’s rebate program to coax more drivers to buy electric vehicles just got less generous, especially for those looking to spend on a luxury model.

White House economic adviser Larry Kudlow is developing a new plan to bolster biofuel-blending requirements after ethanol allies in politically important farm states complained the current proposal doesn’t do enough to compensate for waivers exempting some small refineries from the mandates.

The world may be heading for an even greater oversupply of oil, and that possibility — which could drive down fuel and energy prices — is hanging over members of the OPEC cartel as they head into negotiations Dec. 5. 

A group representing engineers is pushing back on recently introduced legislation that aims to develop projects through open competition among suppliers of construction materials.

It’s turning out to be one of the worst years ever for auto workers across the globe amid shrinking demand and a tectonic shift in vehicle technology.

President Donald Trump’s administration asked a federal judge to throw out California’s lawsuit seeking to preserve its power to regulate tailpipe greenhouse gas emissions, saying Washington has the last word in setting fuel economy standards.

Some of China’s wealthiest tycoons steered billions of dollars into electric car companies to fuel the country’s dreams of becoming a leader in the field. Now a reckoning may be looming as car sales slow and the government reduces subsidies for the nascent industry.