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Nikola Corp. has agreed to acquire energy-storage technology company Romeo Power for about $144 million, the Phoenix-based electric vehicle maker announced Aug. 1.

Motorists taking advantage of electric vehicle tax breaks contained in a $739 billion Senate bill introduced this week will be well-served by existing and planned infrastructure in the West, Transportation Secretary Pete Buttigieg said in Coeur d’Alene, Idaho, on July 29.

Twitter Inc.’s lawsuit against Tesla CEO Elon Musk over a canceled $44 billion buyout of the social media platform is set for a five-day trial starting Oct. 17 in Delaware, a judge ruled.

NEW YORK — Oil companies swam in record profits over the last few months at a time when Americans struggled to pay for gasoline, food and other basic necessities.

In its heyday, Fitzgerald Glider Kits was the nation’s top glider truck manufacturer, building and selling thousands of the new truck cab bodies powered by older rebuilt engines.

A breakthrough deal between Sens. Chuck Schumer and Joe Manchin includes the extension of a popular consumer tax credit for the purchase of electric vehicles, a big win for EV makers such as General Motors Co., Tesla Inc. and Toyota Motor Co.

Union Pacific, the second-largest U.S. railroad, is spending $1 billion to modernize 600 trains.

Sen. Marco Rubio (R-Fla.) wants the U.S. to sanction China’s purchases of oil and other energy supplies from Russia in an effort to cut off funding for that country’s war against Ukraine.

WASHINGTON — A joint venture between General Motors and South Korean battery company LG Energy Solution is set to receive a $2.5 billion loan from the Energy Department to build battery cell factories for electric vehicles in three states.

Diesel’s national average price continued its downward path, shedding 16.4 cents to $5.268, according to Energy Information Administration data released July 25.