COLUMBUS, Ohio â 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, 2022Search
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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, 2022Diesel 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, 2022Twitter Says Musk âCan and Shouldâ Close Buyout Next Week
Twitter Inc. rejected Tesla CEO Elon Muskâs request to pause an upcoming trial over his $44 billion takeover of the social media company, saying the billionaire âcan and shouldâ close the deal next week.
October 6, 2022Biodiesel 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, 2022EV 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 Bidenâs signature climate and tax bill.
October 5, 2022Michigan Lures $1.6 Billion Battery Factory in Fight for EV Jobs
Michigan awarded incentives to two new battery projects â a local startup building a cell plant and a Chinese firm that may produce battery components â as Gov. Gretchen Whitmer seeks to secure future automotive jobs in the state.
October 5, 2022Biden Calls OPEC+ Cut âUnnecessary,â Signals New US Releases
President Joe Biden called plans by OPEC+ to cut output targets by 2 million barrels a day âunnecessary,â and the White House said more releases from U.S. petroleum reserves are possible.
October 5, 2022Volvo Invites Media to Test Drive the VNR Electric Truck
DUBLIN, Va. â 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, 2022LNG 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 worldâs top producers of the fuel.
October 5, 2022