°®¶¹´«Ã½

DETROIT — General Motors has reached an agreement to sell its stake in a nearly completed electric vehicle battery plant in Lansing, Mich.

Germany will assume more than 600 million euros ($629 million) of debt that its development bank extended to Northvolt AB for the construction of a battery plant in the country.

Gavin Newsom is positioning California as a foil to Donald Trump’s policies, laying the groundwork for resistance on everything from deportations to regulation rollbacks.

The loan would come from the U.S. Energy Department’s Advanced Technology Vehicle Manufacturing program.

BP Plc anticipates strong growth in the U.S. as President-elect Donald Trump improves regulations on the oil and gas industry just as artificial intelligence boosts energy demand.

Gov. Newsom's office told Bloomberg News that the current proposal includes market-share limitations that would exclude Tesla’s popular EV models.

California Gov. Gavin Newsom is promising to step in with a state electric-car tax credit if President-elect Donald Trump repeals a federal subsidy after he takes office next year.

Nebraska's attorney general filed an antitrust suit against four major original equipment manufacturers, alleging they colluded  to eliminate choice and raise truck prices.

Tesla didn’t disclose specifics, but told a California state judge that it expects to seek dismissal of the case by Dec. 24 upon satisfactory completion of the terms.

Tesla Inc.’s post-election stock surge has more to do with market exuberance than actual improvement in the fundamentals of its business, UBS Group AG analysts cautioned in a report.