NEW YORK — When longhaul trucker Deb LaBree sets out on the road to deliver pharmaceuticals, she has strategies to hold down costs. She avoids the West Coast and the Northeast, where diesel prices are highest. She organizes her delivery route to minimize “deadheading” — driving an empty truck in between deliveries.
July 20, 2022Search
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Deal for $5.5B Hyundai EV Plant in Georgia Nears Final Approval
SAVANNAH, Ga. — The local economic development agency that worked with Georgia officials in recruiting Hyundai Motor Group to build a $5.5 billion electric car plant near Savannah approved its portions of the deal July 19, though details of tax breaks and other incentives have yet to be disclosed.
July 19, 2022Hawaii Boosts Hydrogen Fueling Stations, Enacts Other Clean Energy Laws
Providing incentives for trucks to use hydrogen is one of four new laws that took effect in July to counter climate change and boost clean energy in Hawaii.
July 19, 2022DOE Eyes Mines as Future Clean Energy Sites
Current or abandoned mines are being considered by the U.S. Department of Energy for experimental clean energy sites below the earth’s surface in a new $500 million grant program.
July 19, 2022Twitter-Musk Takeover Dispute Heading for an October Trial
Tesla CEO Elon Musk lost his fight to delay Twitter’s lawsuit against him as a Delaware judge on July 19 set an October trial, citing the “cloud of uncertainty” over the social media company after the billionaire backed out of a deal to buy it.
July 19, 2022With Blazer EV, GM Now Has a Rival to Tesla’s Model Y
General Motors Co. will start selling a battery-powered Chevrolet Blazer next year, giving it a direct competitor to Tesla Inc.’s Model Y, the nation’s best-selling electric SUV.
July 19, 2022Diesel Plunges 13.6¢ to Settle at $5.432 a Gallon
The national average price of diesel fell for the fourth consecutive week — and by at least a dime for the third straight time — by 13.6 cents to settle at $5.432 a gallon, according to Energy Information Administration data released July 18.
July 18, 2022GM’s Mary Barra Stands By Ambitious EV Pledge
NEW YORK — The economy is a bit wobbly, but General Motors CEO Mary Barra isn’t backing off of an audacious prediction: By the middle of this decade, her company will sell more electric vehicles in the U.S. than Tesla, the global sales leader.
July 18, 2022Supply Chains Inching Back to Normal, Brace for Headwinds of Softer Demand
Rock guitarist Jack White, who extended his “Supply Chain Issues Tour” into October, might want to name his band’s next road trip after a different villain. That’s because supply strains, while still afflicting many consumers and businesses, are becoming more mundane.
July 18, 2022White House Expects More Saudi Oil After Biden’s Mideast Trip
The White House said it expects further oil supply increases from Saudi Arabia after President Joe Biden met with the kingdom’s rulers.
July 15, 2022