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VinFast Auto Ltd. soared in its debut as a public company, vaulting its market capitalization beyond that of General Motors Co. as traders flipped shares of the electric vehicle maker.

Lordstown Motors Corp. has agreed to pay $40 million to settle a Karma Automotive lawsuit alleging that the company lifted designs and technology to develop its flagship Endurance truck.

Four years into a plan to eliminate its carbon emissions, Amazon.com Inc. has lost a key endorsement from the world’s leading watchdog of corporate climate goals.

All the Class 8 Tre battery-electric trucks Nikola Motor sold or sent to potential customers for testing are being recalled, the company said.

Global oil demand has surged to a record amid robust consumption in China and elsewhere, threatening to push prices higher, the International Energy Agency said.

The first testing of natural gas-fueled European Volvo Group Class 8 trucks on North American roads is set to begin by the end of September, and more imports could be on the way.

A $1.6 million U.S. Department of Commerce grant to a southwestern North Carolina town is paying for new infrastructure to support opening a Love’s Travel Stop with truck parking.

Proterra Inc., the electric bus maker touted by President Joe Biden that filed for bankruptcy this week, was the recipient of millions of dollars in COVID relief government aid.

The Environmental Protection Agency recently announced that $115 million has been directed for the Diesel Emissions Reduction Act program.

The national average diesel price rose for the third straight week, climbing 11.2 cents to settle at $4.239, according to Energy Information Administration data released Aug. 7.