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Inflation Surges Globally With Rising Food, Fuel Prices

BUDAPEST, Hungary — From appliance stores in the United States to food markets in Hungary and gas stations in Poland, rising consumer prices fueled by high energy costs and supply chain disruptions are putting a pinch on households and businesses worldwide.

November 29, 2021

Nissan Invests in Electric Vehicles, Battery Development

TOKYO — Nissan said Nov. 29 it is investing 2 trillion yen ($17.6 billion) over the next five years and developing a cheaper, more powerful battery to boost its electric vehicle lineup.

November 29, 2021

Milton Has Sold $284 Million of Nikola Stock Since Fraud Charges

Nikola Corp.’s founder sold his biggest batch of shares since the U.S. charged him with securities fraud, bringing the total he has disposed of since August to $284 million.

November 24, 2021

US Senate to Debate Social Infrastructure Build Back Better Budget

Senators returning to Capitol Hill after the Thanksgiving recess are scheduled to kick off debate on a nearly $2 trillion budget package that aims to promote severe-weather resilience and reduce congestion across mobility networks.

November 23, 2021

Xos Sends Out BEVs to Help Feed Those in Need

Employees at electric truck maker Xos decided something was equally vital as strong financial metrics: performing acts of generosity within the community.

November 23, 2021

ATA Leadership, Global Trucking Officials Meet to Discuss Key Issues

Transportation leaders from around the globe discussed shared challenges during the first in-person meeting in two years of the International Road Transport Union, with supply chain snarls, a shortage of drivers and environmental issues at the top of the agenda.

November 23, 2021

Florida Gov. DeSantis Wants Six-Month State Gas Tax Halt Next Year

Gov. Ron DeSantis said Nov. 22 he wants to zero out the state’s gas tax for six months and deliver $1 billion of tax relief at the pump so Florida residents can deal with rising costs that are eating into their household budgets.

November 22, 2021

Energy Crunch Drives Carbon to Record as Europe Burns Coal

Europe is growing increasingly reliant on coal to keep the lights on as the weather turns cold, sending the cost of polluting to a record.

November 22, 2021

Lordstown Motors Poised for Tax Exemptions Under Ohio Bill

COLUMBUS, Ohio – The Ohio House passed a bipartisan bill that would give Lordstown Motors a four-year sales tax exemption on engines, transmissions, batteries, brakes and other components that are unique to the production of electric vehicles.

November 19, 2021

Merchants Fleet Expands Order of BrightDrop EVs

DETROIT — BrightDrop, a General Motors Co. startup making electric delivery vehicles, said Nov. 18 that Merchants Fleet is planning to expand its purchase order to receive a total of 18,000 BrightDrop EVs.

November 19, 2021