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Mexico Aims for Locally Made EVs to Rival Imports

Sheinbaum, a former energy researcher who made the small car part of her pledges in her Oct. 1 inauguration address, said the goal is for all components to be made locally.

October 11, 2024

Verne’s Cryo-Compressed Hydrogen Tech Nears Pilot Phase

San Francisco-based Verne plans to offer truck makers the option of cryo-compressed hydrogen storage to achieve the same range as a diesel tractor.

October 10, 2024

Emissions Tampering Costs Auto Parts Firm $10M in Fines

On Sept. 10, Rudy’s Performance Parts Inc. and its owner, Aaron Rudolf, were sentenced in federal court in Washington, D.C., for conspiring to violate the Clean Air Act.

October 9, 2024

GM Eyes Affordable Electric Pickup With 350-Mile Range

The Detroit-based automaker is working to secure a North American supply of lithium iron phosphate batteries, according to its vice president of battery strategy.

October 8, 2024

US Crude Production Growth Slows as Oil Rigs Decline

While output is still poised to reach a record of 13.54 million barrels a day, the annual rate of growth is now projected at 2.4% versus 3.2%, per the Energy Information Administration.

October 8, 2024

Rivian Faces Delays, Cuts Production After Supplier Misstep

Rivian miscalculated when communicating supply and demand needs with Essex, its sole supplier of what are essentially copper wires that carry the electric current inside EV motors.

October 7, 2024

LNG Ships Divert to Europe on Wider War Fears

Liquefied natural gas cargoes are diverting away from Asia to Europe after fears of a wider war in the Middle East sent benchmark Dutch prices rallying.

October 7, 2024

Shell Sees Strong Natural Gas Production in Third Quarter

Shell saw continued strong performance from its natural gas and upstream businesses in the third quarter, even as oil-refining margins declined and it expects to lose money in chemicals.

October 7, 2024

Chevron Sells Canada Oil Sand, Shale Assets for $6.5 Billion

Chevron Corp. agreed to sell its stakes in some oil sands and shale assets to Canadian Natural Resources Ltd. for $6.5 billion.

October 7, 2024