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Honda, LG to Build $3.5 Billion Battery Plant, Hire 2,200 in Ohio

COLUMBUS, Ohio — Honda says it will build a $3.5 billion joint-venture battery factory in rural southern Ohio and hire 2,200 people to staff it as the company starts to turn the state into its North American electric vehicle hub.

October 11, 2022

Volvo, Mack, Tesla Show Gains With BEVs

Truck makers both large and small recently announced deals and timetables for more of their battery-electric trucks reaching customers.

October 7, 2022

Diesel Profits Near Record With Supplies Dwindling Into Winter

Diesel supplies are so tight heading into winter that profits for producing the heating and trucking fuel are nearing a record high.

October 7, 2022

Twitter Says Musk ‘Can and Should’ Close Buyout Next Week

Twitter Inc. rejected Tesla CEO Elon Musk’s request to pause an upcoming trial over his $44 billion takeover of the social media company, saying the billionaire “can and should” close the deal next week.

October 6, 2022

Biodiesel Fuel Gets Latest Push in Missouri

Biodiesel is getting a boost from new government incentives as city fleet owners are using it to quickly lower truck emissions.

October 6, 2022

EV Tax Credit Rules Put on Fast Track at Treasury

The Treasury Department is expediting the formulation of scores of regulations that will carry out the $270 billion worth of energy tax incentives included in President Joe Biden’s signature climate and tax bill.

October 5, 2022

Michigan Lures $1.6 Billion Battery Factory in Fight for EV Jobs

Michigan awarded incentives to two new battery projects — a local startup building a cell plant and a Chinese firm that may produce battery components — as Gov. Gretchen Whitmer seeks to secure future automotive jobs in the state.

October 5, 2022

Biden Calls OPEC+ Cut ‘Unnecessary,’ Signals New US Releases

President Joe Biden called plans by OPEC+ to cut output targets by 2 million barrels a day “unnecessary,” and the White House said more releases from U.S. petroleum reserves are possible.

October 5, 2022

Volvo Invites Media to Test Drive the VNR Electric Truck

DUBLIN, Va. — Volvo Trucks North America provided members of the media a chance to drive its VNR Electric truck during a press event Sept. 29.

October 5, 2022

LNG Market Supply to Remain Tight for Years, Top Producers Say

Liquefied natural gas will be in short supply in the coming years as production lags behind surging demand from Europe, according to the world’s top producers of the fuel.

October 5, 2022