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GM’s BrightDrop Ships First 500 EV Vans From Ontario

BrightDrop has shipped the first 500 electric delivery vans out of CAMI Assembly in Ontario, Canada, that opened three months ago, the company said April 3.

April 4, 2023

Geely: All Options Open on Volvo Stake After Daimler Sale

Volvo AB’s second-largest shareholder, Geely, said while it’s not currently planning any changes to its position, “anything is possible†in the future.

April 4, 2023

Diesel Down to $4.105 Following Ninth Straight Decline

The national average price for diesel fell for a ninth consecutive week, slipping 2.3 cents to $4.105 a gallon, according to data released April 3 by the Energy Information Administration.

April 3, 2023

EV Tax Credit Rules Leave Carmakers in the Dark — Again

Automakers who are waiting for the U.S. Treasury Department to help them figure out which of their cars are eligible for lucrative electric-vehicle tax credits will have to keep waiting.

April 3, 2023

Oil Surges After OPEC+’s Shocking Production Cut

Oil rallied the most in more than a year after OPEC+ unexpectedly announced output cuts that threaten to tighten the market and deliver a fresh inflationary jolt to the world economy.

April 3, 2023

EPA OKs California Rules Phasing Out New Diesel Trucks

The U.S. Environmental Protection Agency has granted California environmental regulators waivers to officially move forward with the agency’s aggressive plans to transition diesel trucks to electric vehicles and expand the length of truck warranties.

March 31, 2023

Tesla Pursues US Battery Plant With China’s CATL

Tesla Inc. is looking to build a battery plant in the U.S., according to people familiar with the matter, in what would likely be a controversial arrangement with China’s dominant electric vehicle battery manufacturer.

March 30, 2023

How a Georgia Plant Helps Solve a Huge EV Supply Chain Kink

COVINGTON, Ga. — Ascend Elements takes spent lithium-ion batteries and scrap from EV battery makers and grinds them to dust, salvaging minerals for reuse in new EV power sources.

March 30, 2023

House GOP OKs Broad Bill to ‘Unleash’ American Energy

WASHINGTON — House Republicans on March 30 approved a sprawling energy package that seeks to undo virtually all of President Joe Biden’s agenda to address climate change.

March 30, 2023

The World’s Most Important Oil Price Is About to Change

The world’s most important oil price is about to be transformed, allowing crude supplies from West Texas to help determine the price of millions of barrels a day of petroleum transactions.

March 30, 2023