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Biden Bans Offshore Drilling as Trump Vows to Undo It

WASHINGTON — President Joe Biden is moving to ban new offshore oil and gas drilling in most U.S. coastal waters, an effort to block action by the incoming administration to expand offshore drilling.

January 6, 2025

Biden Eases Rules for Hydrogen Tax Credits

The tax credit created by President Joe Biden’s signature climate law now includes a carve-out that will benefit some existing nuclear power plants.

January 3, 2025

In 2025, Will Trump Administration Be a Friend of Trucking?

In June, ATA President Chris Spear met with then-presidential candidate Donald Trump to gain insight into what the trucking industry might expect should Trump win a second term.

January 2, 2025

China Tightens Export Curbs on Battery Tech and Metals

China plans to tighten export restrictions on certain technology used to make battery components and the processing of two crucial metals amid rising trade tensions globally.

January 2, 2025

Tesla Sales Decline for First Time in More Than a Decade

The Elon Musk-led company sold 1.79 million vehicles last year, it said Jan. 2, which was slightly less than what it delivered in 2023 and also below analysts’ consensus estimate.

January 2, 2025

Tesla Semi Crash, Fire Mark NTSB’s First EV Truck Case

In its first accident probe of an electric-battery heavy truck, NTSB is examining the Aug. 19 crash of a 2024 Tesla Semi that burned to the ground after it veered off the road and struck a tree.

December 30, 2024

Startups Seek Customers, Funds to Advance Class 8 Ambitions

Startups require access to considerable funding on the road to manufacturing, and even more to remain afloat once production begins, especially for OEMs of alt-power trucks in 2024.

December 27, 2024

China Races to Ship Batteries to US Before Tax Changes

Shipments of lithium-ion batteries to the U.S. jumped by 27% to $1.9 billion in November from a year earlier. The export tax rebate for batteries was cut to 9% from 13%.

December 20, 2024

Walmart Joins Growing List of Firms Scaling Back Climate Goals

Prior pledges to reduce operational greenhouse gas emissions by 65% by 2030 and 35% by 2025 are probably not achievable, and the company will consider reviewing its climate targets in 2025.

December 20, 2024