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Ascend Makes Deal With Carmaker on Cathode Plant in Kentucky

Ascend Elements said it has reached a billion-dollar deal with an unnamed automaker to reprocess old batteries into cathode material, at a plant it is building in Hopkinsville, Ky.

June 7, 2023

Cummins Showcases Emergency Truck Powered by Hydrogen

WASHINGTON — Accelera by Cummins on June 5 showcased a hydrogen-powered emergency vehicle that advances technologies applicable to the commercial trucking industry.

June 6, 2023

Diesel Price Falls Below $3.80

Diesel prices fell by a nationwide average of 5.8 cents to $3.797 a gallon, according to Energy Information Administration data released June 5.

June 5, 2023

Kentucky Pauses Incentives for Microvast Over China Concerns

NASHVILLE, Tenn. — Kentucky officials say they are pausing $21 million in economic incentives to Microvast for a proposed electric vehicle battery facility.

June 5, 2023

GM, Stellantis Fined for Missing Fuel Efficiency Targets

General Motors Co. and Stellantis NV paid a combined $363 million in civil penalties for failing to meet U.S. fuel efficiency standards, according to filings with federal regulators.

June 2, 2023

Rivian May Lose Nasdaq Spot After 90% Selloff

Rivian Automotive Inc. may get pushed out of the Nasdaq 100 Index as early as this month after plunging more than 90% from its record high, according to JP Morgan Securities.

June 1, 2023

US, EU Agree on Heavy-Truck Charging Standard

The U.S. and European Union have agreed that when a megawatt charging standard is developed for heavy trucks, it must be universal.

May 31, 2023

Stellantis’ Battery Plant Subsidy Likely to Top Volkswagen’s

Stellantis NV is likely to receive more in subsidies for a new electric vehicle battery plant in Canada than the $9.5 billion Volkswagen AG extracted for a similar project, says one expert.

May 31, 2023

Diesel Prices Slip 2.8¢ to $3.855

Diesel prices dropped 2.8 cents a gallon on average to $3.855, according to Energy Information Administration data May 30.

May 31, 2023