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Senate Deal Includes EV Tax Credits Sought by Tesla, Toyota

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.

July 28, 2022

DOE Lends $2.5 Billion to GM Venture for EV Batteries

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.

July 26, 2022

Diesel Drops 16.4¢ in Latest Double-Digit Decline

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.

July 25, 2022

Hyundai Gets $1.8 Billion in Aid to Build EVs in Georgia

SAVANNAH, Ga. — The state of Georgia and local governments are giving $1.8 billion in tax breaks and other incentives to Hyundai Motor Group in exchange for the automaker building its first U.S. plant dedicated to electric vehicles near Savannah, according to the signed agreement disclosed July 22.

July 22, 2022

USPS to Boost Purchases of Electric Vehicles

The U.S. Postal Service plans to substantially increase the number of electric-powered vehicles it’s buying to replace its fleet of aging delivery trucks, officials said July 20.

July 20, 2022

Sky-High Diesel Prices Squeeze Truckers, Farmers, Consumers

NEW YORK — When longhaul trucker Deb LaBree sets out on the road to deliver pharmaceuticals, she has strategies to hold down costs. She avoids the West Coast and the Northeast, where diesel prices are highest. She organizes her delivery route to minimize “deadheading” — driving an empty truck in between deliveries.

July 20, 2022

Hawaii Boosts Hydrogen Fueling Stations, Enacts Other Clean Energy Laws

Providing incentives for trucks to use hydrogen is one of four new laws that took effect in July to counter climate change and boost clean energy in Hawaii.

July 19, 2022

DOE Eyes Mines as Future Clean Energy Sites

Current or abandoned mines are being considered by the U.S. Department of Energy for experimental clean energy sites below the earth’s surface in a new $500 million grant program.

July 19, 2022

Diesel Plunges 13.6¢ to Settle at $5.432 a Gallon

The national average price of diesel fell for the fourth consecutive week — and by at least a dime for the third straight time — by 13.6 cents to settle at $5.432 a gallon, according to Energy Information Administration data released July 18.

July 18, 2022