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Porsche Unveils Its First Electric Car

Porsche picked Niagara Falls, a Chinese wind farm and a solar site in Germany to unveil its first all-electric sports car, underscoring the new Taycans central role in turning parent Volkswagen AG into the worlds leading seller of battery-powered vehicles.

September 4, 2019

Reason Foundation: North Dakota Tops Highway Performance List; New Jersey Ranks Last

North Dakotas infrastructure, congestion levels and safety record propelled the state to the top spot in a recent report that chronicled the performance of highway systems nationwide.

September 3, 2019

CNH Industrial to Invest $250 Million in Nikola Motor Co.

Startup truck manufacturer Nikola Corp. has secured a commitment of $250 million in funding from CNH Industrial N.V. a leader in natural gas-powered trucks and buses and the parent company of Iveco trucks in a move designed to accelerate the use of heavy-duty trucks that use battery-electric and fuel cell technologies in North America and Europe.

September 3, 2019

Oculus Transport Gets C$45M Loan From Great Rock Capital

Great Rock Capital, a commercial finance company specializing in middle-market lending, lent C$45 million to Oculus Transport Ltd. of Calgary, Alberta.

August 30, 2019

BYD Selects Milea Truck as NYC Dealer

BYD Motors Inc. announced Milea Truck Sales and Leasing as its fully authorized truck dealer to support the New York metropolitan area.

August 30, 2019

US Chamber Breaks With Trump Plan to Slash Auto Mileage Rules

The U.S. Chamber of Commerce called on the Trump administration and California officials to find a middle ground on automobile efficiency standards that federal agencies plan to slash, warning of potentially dire consequences without a workable compromise that continues to improve fuel economy.

August 30, 2019

Oil Heads for Biggest Gain Since Mid-July

Oil headed for its biggest weekly increase since mid-July after a sizable drop in American crude inventories and an apparent pause in U.S.-China trade hostilities eased demand fears.

August 30, 2019

Florida Hurricane Dorian Leaves Tanks Dry

Gas stations in parts of Florida are running out of fuel as drivers race to fill up ahead of Hurricane Dorian. Dorians course turned slightly south and now is expected to make landfall near Jupiter, Fla., as a Category 4, with winds reaching 140 miles per hour.

August 30, 2019

EPA Seeks to Abandon Regulation of Methane Leaks From Oil Wells

The Trump administration is seeking to abandon regulations designed to stop methane leaks from oil and gas wells, a move opposed not just by environmentalists but even some energy companies that worry that it will undermine the appeal of natural gas as climate-friendly fuel.

August 29, 2019