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The Biden administration is laying the groundwork to spend roughly $52 billion on semiconductor research and manufacturing even as it’s awaiting congressional approval of the funding, Commerce Secretary Gina Raimondo said.

Nearly three months after a cyberattack against a prominent petroleum products distributor on the East Coast, groups representing various infrastructure sectors called for robust methods to protect the country’s freight and mobility grids.

FRANKFURT, Germany — Daimler AG’s luxury car brand Mercedes-Benz is stepping up its transition to electric cars, doubling the planned share of sales by 2025 and sketching out a market scenario in which new car sales would “in essence” be fully electric by the end of the decade.

Volvo Group reported strong second-quarter earnings and revenue as sales in its global vehicle-related segment rose 41% compared with a year earlier.

Surging e-commerce is generating more package deliveries than giant couriers can handle, clogging retailers’ logistical pipelines and frustrating consumers. But the logjam is spawning startups with new ways of speeding deliveries.

Suzuki Motor Corp. and Daihatsu Motor Co. are investing in a Toyota Motor Corp. entity to bring electrification and autonomous driving to commercial vehicles, deepening ties between the automakers.

Ford Motor Co. and its partner Argo AI will start a self-driving ride-hailing service with Lyft Inc. in Miami and Austin, Texas, later this year. It will be the biggest commercial rollout of robot rides.

Transportation Secretary Pete Buttigieg was excited to see Jeff Bezos’ blastoff into space July 20, describing space travel as a clear trend for the future. It’s a trip he would love to take himself, even if he doesn’t think it will happen in the foreseeable future.

Biden administration officials say they’re starting to see signs of relief for the global semiconductor supply shortage, including commitments from manufacturers to make more automotive-grade chips for car companies that have had to idle production.

Demand for gasoline and diesel to fuel cars and trucks will peak in 2027 — four years earlier than expected — as more fuel-efficient autos and increasing adoption of electric vehicles curb global consumption, according to BloombergNEF.