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Under terms of the grant program, FRA will pay no more than 80% of a project’s cost, with a minimum 20% match that can include in-kind contributions.

“The whole EV ecosystem is ahead of the consumer,” Toyota North America COO Jack Hollis said, pointing to tailpipe emission rules from the EPA and California.

The Biden administration is racing to complete CHIPS Act agreements, aiming to shore up one of its signature initiatives before President-elect Donald Trump enters the White House.

A father and son have been accused of conspiring to smuggle illegal devices to override emission controls on trucks into Central Washington and selling them online for $74 million.

Tesla Inc. is now offering the option to lease its polarizing Cybertruck, with prices starting at $999 a month.

Geely Holding Group is in talks with banks for a syndicated loan to refinance borrowings related to its acquisition of a stake in Volvo AB in 2018, according to people familiar with the matter.

The company is on track to meet the closely watched target thanks to a higher mix of premium models boosting revenue per vehicle sold and sales of regulatory credits.

Hydrogen fuel cell electric vehicles may be envisioned as the future workhorse of a decarbonized longhaul freight sector, but their development has proceeded at a measured pace.

With help from the U.S. Department of Energy, the hydrogen industry and truck makers are working to develop a hydrogen refueling infrastructure that can support fleet operations.

Newsom’s office told the Associated Press that the governor and lawmakers are ready to “Trump-proof” California’s state laws, including those affecting the transportation sector.