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Oil at Seven-Year High After OPEC+ Decides on Cautious Increase

FRANKFURT, Germany — Oil prices jumped after OPEC and allied oil producing countries stayed with their gradual approach to restoring output slashed during the pandemic, agreeing to add only 400,000 barrels per day in November.

October 4, 2021

Rivian Details $1 Billion Loss, Amazon Deal in IPO Filing

Rivian Automotive Inc., the maker of electric pickups backed by Amazon .com Inc., disclosed a net loss of almost $1 billion in the first half of the year in its initial public offering paperwork.

October 1, 2021

Tesla Expects Delivery Record, Beating Supply Chain Turmoil

Tesla Inc. is expected to report record deliveries of roughly 224,000 vehicles in the most recent quarter, another milestone for CEO Elon Musk and his trailblazing electric-car brand.

October 1, 2021

Nikola, Opal Fuels to Build Hydrogen Fueling Stations

Truck maker Nikola Corp. and Opal Fuels, a producer and distributor of renewable natural gas for heavy-duty truck fleets, announced their intent to co-develop and co-market hydrogen fueling infrastructure for trucking, beginning with on-site locations for private fleets.

October 1, 2021

ATRI Report Urges Electric Tax to Help Fund Highway Repairs

A new report from the American Transportation Research Institute suggests that a small tax on electricity used specifically for transportation would produce much-needed support for the federal Highway Trust Fund, revenue from which pays for work on the nation’s roads and bridges.

September 30, 2021

Soldiers Will Haul Fuel to Ease UK Crisis

LONDON — The British government’s reserve tanker fleet was being deployed Sept. 29 to help deliver gasoline to empty pumps across the U.K., and military drivers will begin operating tankers in the coming days to ease the country’s fuel supply crisis, a top official said.

September 29, 2021

Navistar Launches Redesigned International MV Series

Navistar Inc. announced the launch of the redesigned International MV Series, calling it a reimagining of its Classes 6-7 vocational vehicle that focuses on increased maneuverability, visibility and safety.

September 29, 2021

Electric Vans Roll Off Line That Once Made Gas-Guzzling Hummers

When the first snub-nosed, electric van rolled off the assembly line Sept. 28 at the Electric Last Mile Solutions Inc. plant in Mishawaka, Ind., it was a proud moment for the company’s co-founder and CEO, Jim Taylor. The van, one in a run of 1,000 scheduled for this year, is among the first of its kind in the U.S. market: a fully electric, light-duty vehicle meant for delivery workers, contractors and other commercial fleets.

September 29, 2021

Silicon Valley Answer to the EV Question Calls for Less Silicon

As automakers scramble to make electric vehicles with longer ranges and speedier charging times, the chip industry has a message for them: You’re doing it wrong.

September 29, 2021