ºÚÁϳԹÏÍø

DETROIT — Tesla’s second-quarter net income fell 45% compared with a year ago as the company’s global electric vehicle sales tumbled despite price cuts and low-interest financing.

The national average diesel price dipped 4.7 cents to $3.779 a gallon, according to Energy Information Administration data released July 22.

A growing number of energy and agriculture firms have been boosting spending in an effort to plant and crush more canola, an oilseed that could play a big role in the renewable fuel markets.

Shipping’s carbon emissions climbed by 23 million tons in the first half of this year, partly as vessels took longer routes to avoid attacks in the Red Sea.

WASHINGTON — The Environmental Protection Agency is awarding $4.3 billion in grants to fund projects in 30 states to reduce climate pollution.

Stellantis NV paid $190 million in civil penalties in the first half of 2024 for failing to meet U.S. fuel efficiency standards, filings with regulators showed.

Hyzon Motors is set to bolster its working capital through an equity sale, the latest move in the hydrogen fuel cell-powered truck maker’s ongoing restructuring, it said July 19.

Clean Fuels Alliance America told the EPA that it will sue over the agency’s delay in establishing 2026 biofuel volumes in its Renewable Fuel Standard program.

Starbucks and Mercedes-Benz announced a partnership July 17 to install high-power electric vehicle chargers at 100 Starbucks stores across the U.S. 

Republican members of the Senate panel on freight affairs pledged their support to former President Donald Trump during the party’s national convention ahead of the fall election.