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NEW YORK — Wall Street tumbled into what’s called a bear market June 13 after fears about a fragile economy and rising interest rates sent the S&P 500 more than 20% below its record set early this year.

Orange EV introduced the e-Triever all-electric yard truck, its latest model that builds upon its T-Series.

Western Star announced new options available on its 49X model intended to widen coverage in heavy-haul and construction applications.

NEW YORK — Major automakers are asking Congress to lift the cap on how many people would be offered tax credits if they buy a hybrid or fully electric vehicles.

Tesla Inc. has had a “very tough quarter” as it struggles with supply chain snags, Chief Executive Officer Elon Musk warned in an internal memo, imploring workers to help get the electric vehicle maker back on track.

Companies in the transport sector, and automakers in particular, are among the most-visible pioneers of the inevitable shift to cleaner fuel. Electric cars are becoming a household concept, regardless of their prohibitive cost. That’s where large fleet operators come in.

NEW YORK — The nationwide average price for a gallon of gasoline has hit $5 for the first time ever.

Negotiators with the International Longshore and Warehouse Union and the Pacific Maritime Association are discussing a plan to allow all West Coast marine terminals to open an hour earlier, at 6 a.m., under what’s called “a double flex.”

China’s semiconductor industry is showing signs of flourishing even in the face of Biden administration efforts to counter its growth, raising alarm bells in Washington.

Electric Last Mile Solutions Inc. filed for Chapter 7 bankruptcy in Delaware, making it the first of the electric-vehicle startups that merged with special purpose acquisition companies to go out of business amid the recent market slump.