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TOKYO — Toyota is investing $5.6 billion in Japan and the U.S. to boost production of batteries for electric vehicles, the Japanese automaker said Aug. 31.

Nikola Corp. made announcements regarding leadership changes and its proceeding with acquiring an energy-storage technology company.

Diesel’s nine-week run of declines abruptly ended as trucking’s main fuel rose 20.6 cents a gallon to put the national average cost back over $5, according to Energy Information Administration data released Aug. 29.

West Michigan International announced the grand opening of Michigan’s first public electric commercial vehicle charging station at its Kalamazoo location.

New Jersey is cutting an automotive fuel tax by 1 cent per gallon after consumer demand was higher than projected, state Treasurer Elizabeth Muoio announced.

PORTLAND, Maine — Diesel and heating oil supplies in the Northeast are more than 50% below the recent average, raising concerns that an extreme weather event could cause supply disruptions, federal officials said.

TOKYO — Major South Korean battery maker LG and Japanese automaker Honda are investing $4.4 billion in a joint venture in the United States to produce batteries for Honda electric vehicles in the North American market, the two companies said Aug. 29.

The Biden administration is warning refiners that it may take “emergency measures” to address fuel exports as stockpiles of gasoline and diesel fuel remain near historically low levels in the Northeast.

The global diesel market looks set to get even tighter as power generators and industrial users seek relief from surging natural gas prices.

Hyliion Holdings Corp., a provider of electrified powertrain solutions for Class 8 semi-trucks, announced it entered into a definitive agreement to acquire a new fuel-agnostic generator, the Karno, from GE Additive, a unit of GE.