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Automakers Embrace EVs, but What About Buyers?

DETROIT — The world’s major automakers have made something abundantly clear: They believe electric vehicles will dominate their industry in the years ahead. But do customers feel the same way?

March 15, 2021

GM-Backed Cruise Buys Self-Driving Startup Voyage

Cruise, the self-driving technology company that’s majority-owned by General Motors Co., said it acquired autonomous-vehicle startup Voyage, which operates a service in retirement communities.

March 15, 2021

Tesla Names Jerome Guillen President of Heavy Trucking

Tesla Inc. said Jerome Guillen, who’s been president of automotive since September 2018, transitioned last week to president of Tesla heavy trucking.

March 15, 2021

Gov. Tom Wolf Seeks Overhaul of Pennsylvania’s Highway Funding

HARRISBURG, Pa. — Amid a deepening stalemate over financing highways and public transit, Gov. Tom Wolf on March 12 proposed phasing out Pennsylvania’s gasoline tax, the second-highest in the nation, and appointed a commission to recommend alternative ways to pay for the state’s needs.

March 15, 2021

VW Plans Europe’s Biggest Battery Push in Electric Offensive

Volkswagen AG is stepping up its game to become the world’s biggest electric car maker with a plan to build six battery factories in Europe and global investments in charging stations.

March 15, 2021

Bollinger Motors Debuts 2022 Electric Work Trucks

Bollinger debuted a configurable, $70,000 B2CC commercial pickup chassis cab and $55,000 CHASS-E truck platform for the high-volume, work truck market March 12.

March 12, 2021

Lordstown Motors Sinks as Firm That Targeted Nikola Takes Aim

Lordstown Motors Corp. plunged the most in five months after the short-seller whose attack on Nikola Corp. led to its founder’s departure turned its sights on the electric truck startup.

March 12, 2021

Tesla Shares Drop After Fire at EV Maker’s California Plant

Tesla Inc. shares fell a day after firefighters responded to an incident at the company’s factory in Fremont, Calif., containing a blaze in an area of the property under construction.

March 12, 2021

Shell Doubled Oil-Trading Profit to $2.6 Billion Last Year

Royal Dutch Shell Plc disclosed the profitability of its sprawling and secretive oil-trading unit for the first time, saying it almost doubled to $2.6 billion last year.

March 12, 2021

DeJoy Embraces Electric Trucks Despite USPS Contract Award

Postmaster General Louis DeJoy, defending the selection of a gasoline-powered vehicle maker to build the next generation of U.S. mail trucks, said he envisions the service moving quickly to electric power.

March 11, 2021