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Rise of Electric Vehicles Presents Questions About Transportation Funding

While electric vehicles and alternative fuels contribute to reducing greenhouse gas emissions, their continued adoption forces states to rethink transportation funding sources that currently come from taxes on diesel and gasoline.

June 3, 2021

Cheeseburger While You Charge? Musk Pursues Tesla Restaurant Concept

Move over, In-N-Out Burger. Elon Musk, CEO of Tesla Inc., is one step closer to opening a diner.

June 2, 2021

American Travel Spree Proves Market Right to Be Bullish on Oil

From bustling U.S. airports to surging demand for gasoline, all signs from this past Memorial Day weekend reaffirm the oil market’s bet that Americans will be out traveling in force this summer.

June 2, 2021

Oil Tops $70 a Barrel for First Time Since 2019

Oil resumed its advance, reaching the highest settlement in more than two years with the OPEC+ alliance forecasting a tightening global crude market and a nuclear deal with Iran still up in the air.

June 1, 2021

IEA Says Oil Demand May Return to Pre-Crisis Levels in a Year

Global oil demand may rebound to levels seen before the pandemic in a year, the International Energy Agency said, signaling a speedier recovery than its previous estimates.

June 1, 2021

Cargill Backs Cow Masks to Trap Methane Burps

Agriculture giant Cargill Inc. will start selling methane-absorbing wearable devices for cows, putting its support behind an experimental technology that could help the industry cut greenhouse gas emissions.

June 1, 2021

Volvo, Albertsons Complete First Zero-Emission Frozen Food Shipment

Albertsons Cos. completed the nation’s first delivery of a refrigerated grocery load with zero-tailpipe emissions technology by deploying a Volvo electric truck and an Advanced Energy Machines electric trailer.

June 1, 2021

Global EV Battery Sales Surge as Demand for Clean Cars Booms

Global electric-vehicle battery sales more than doubled in the first four months of the year as the switch to environmentally friendly cars gathers pace.

June 1, 2021

Bill to Boost EV Tax Credits to $12,500 Passes Senate Panel

WASHINGTON — Legislation that would raise consumer tax credits for electric vehicles to $12,500 for the next five years passed a Senate committee May 26.

May 28, 2021

Stellantis Considers Battery-Manufacturing Investment in Italy

Italy’s government is in talks with Stellantis NV, the carmaker formed by the merger of Fiat Chrysler and PSA Group, about investing in electric-vehicle battery manufacturing in the country, according to people familiar with the matter.

May 28, 2021