°®¶¹´«Ã½

Electric battery manufacturer Proterra on Dec. 14 announced it is expanding its overall production facilities, adding a new $76 million factory in Greer, S.C., that is expected to be operational in the second half of 2022.

TOKYO — Japanese automaker Toyota is beefing up its electric vehicle lineup, offering 30 new fully electric models by 2030, company president Akio Toyoda said Dec. 14.

The Biden administration on Dec. 13 released a federal strategy to build 500,000 charging stations for electric vehicles across the country and bring down the cost of electric cars with the goal of transforming the U.S. auto industry.

Volkswagen AG will invest 2 billion euros in a planned battery hub in Germany as part of a decision to create a dedicated company for the carmaker’s battery business.

Petroleos Mexicanos could end up spending about $1.6 billion to take over Royal Dutch Shell Plc’s Deer Park refinery, more than twice the price announced in May, even as its finances are so dismal the government is injecting billions of dollars into the state oil producer.

The Biden administration sought to thread the needle between warring oil and renewable fuel interests Dec. 7 by proposing modest quotas for the use of plant-based fuels while moving to block exemptions for dozens of oil refineries.

Pilot Co. opened a travel center location in Faucett, Mo., the company announced Dec. 6.

Tesla Inc.’s Elon Musk spoke out in opposition to President Joe Biden’s signature economic package, questioning the need for legislation that would support electric car adoption due to concerns government spending is out of control.

LG Energy Solution plans to raise as much as $10.8 billion in what would be South Korea’s biggest-ever initial public offering, defying concerns over fires involving its batteries that led to a mass recall of Chevrolet Bolt electric vehicles.

Lucid Group Inc. disclosed it has become the latest electric vehicle maker to come under U.S. investigation following a merger with a blank-check company, sending its shares plummeting.