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Oil headed for the longest stretch of weekly losses this year as central banks around the world stepped up the fight against inflation at the cost of economic growth.

HANOVER, Germany — Nikola Corp. unveiled a prototype of a European-spec fuel cell-powered Nikola Tre Class 8 model and also announced that it is taking orders for the battery-electric version in the region.

Battery upstarts are salivating over elements in the Inflation Reduction Act, particularly the tax credits for manufacturing components in the U.S.

Cenntro Electric Group Limited alongside its subsidiary Cenntro Automotive Europe GmbH unveiled two all-electric commercial vehicles Sept. 19.

Nikola Corp. founder Trevor Milton wasn’t truthful when he claimed his company was responsible for most of the components in a planned pickup truck General Motors Co. was to build for the electric vehicle maker, a GM engineer testified.

Amtrak plans to achieve net-zero greenhouse gas emissions across the network by 2045, the rail company announced Sept. 22, marking the latest move to address its commitment to reduce carbon footprints.

Saying they had a “moral obligation,” California regulators could soon ban the sale of diesel big rigs by 2040.

Circle K parent Alimentation Couche-Tard Inc. only gets about half of its gross profit from fuel. That has CEO Brian Hannasch thinking about how to kickstart the company’s fresh food business, which represents just 11% of sales in its 9,000 North American stores.

Retail gasoline prices in the U.S. have posted their first increase — albeit very modestly — after a 98-day streak of declines, suggesting consumers won’t get much more relief at the pump. Prices now stand at $3.681 a gallon, according to auto club AAA.

The Hertz Corp. is planning to order up to 175,000 electric vehicles from General Motors Co. over the next five years for its rental fleet, the companies said Sept. 20.