ºÚÁϳԹÏÍø

Volkswagen AG shares surged the most since a historic short squeeze a dozen years ago after back-to-back days of briefings on how it plans to supplant Tesla Inc. as the global electric vehicle leader.

Electric Last Mile Inc., the plug-in delivery van startup that’s in the process of merging with blank check company Forum Merger III Corp., said it has 45,000 preorders and will start production at the former Hummer plant in Indiana in the third quarter.

DETROIT — The world’s major automakers have made something abundantly clear: They believe electric vehicles will dominate their industry in the years ahead. But do customers feel the same way?

The national average price for a gallon of diesel rose 4.8 cents to $3.191 a gallon, according to data released by the Energy Information Administration on March 15.

Cruise, the self-driving technology company that’s majority-owned by General Motors Co., said it acquired autonomous-vehicle startup Voyage, which operates a service in retirement communities.

Tesla Inc. said Jerome Guillen, who’s been president of automotive since September 2018, transitioned last week to president of Tesla heavy trucking.

HARRISBURG, Pa. — Amid a deepening stalemate over financing highways and public transit, Gov. Tom Wolf on March 12 proposed phasing out Pennsylvania’s gasoline tax, the second-highest in the nation, and appointed a commission to recommend alternative ways to pay for the state’s needs.

Volkswagen AG is stepping up its game to become the world’s biggest electric car maker with a plan to build six battery factories in Europe and global investments in charging stations.

Bollinger debuted a configurable, $70,000 B2CC commercial pickup chassis cab and $55,000 CHASS-E truck platform for the high-volume, work truck market March 12.