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Deals for Opal Fuels, Haldex Near Closure

A producer and distributor of renewable natural gas and a supplier of chassis-related systems and components for trailers, trucks and buses are separately planning for major expansions — one by going public and the other through consolidation.

July 13, 2022

Tesla Stock Teeters as Elon Musk Girds for Another Legal Battle

Tesla bulls rejoiced when Elon Musk sought to terminate his agreement to buy Twitter. That initial relief has given way to realization the hangover from this ordeal won’t lift anytime soon.

July 13, 2022

Can You Canoo? Terms of Deal Say Walmart Can, Amazon Can’t

Walmart Inc.’s deal backing an electric vehicle startup has some strings, including a provision preventing sales to rival Amazon.

July 13, 2022

Quest to Curb Gas Prices Sends Biden on Saudi Trip

President Joe Biden seeks to salvage relations with Saudi Arabia in a Mideast trip that risks political embarrassment unless near-record U.S. gasoline prices swiftly come back to Earth.

July 13, 2022

Ohio Identifies 15 Alternative Fuel Corridors for EV Charging Stations

CLEVELAND — The Ohio Department of Transportation has determined where a number of federally funded charging stations should be deployed across the state as part of a plan to spend more than $100 million in bipartisan infrastructure law money on electric vehicle infrastructure.

July 12, 2022

OPEC’s First 2023 Outlook Shows No Relief From Oil Squeeze

OPEC’s first oil market outlook for 2023 suggests no relief for squeezed consumers, with more crude needed from the group even though most members are already pumping flat out.

July 12, 2022

Walmart Orders 4,500 Canoo Electric Vans

Canoo Inc. shares doubled in value after the struggling electric vehicle startup won an order for 4,500 vans from Walmart Inc.

July 12, 2022

Diesel Sheds 10.7¢ to $5.568 a Gallon

The national average price of diesel dropped 10.7 cents in its third consecutive decline, according to Energy Information Administration data released July 11.

July 11, 2022

Daimler, Traton, Volvo Get Final Approval for Charging JV

Truck makers Volvo Group, Daimler Truck and Traton Group announced their joint venture, launched in December 2021 to develop charging infrastructure in Europe, gained the final necessary regulatory approvals.

July 11, 2022

Rivian Plans Hundreds of Job Cuts Following Surge in Staffing

Rivian Automotive Inc. is planning hundreds of layoffs to trim its workforce in areas where the electric vehicle maker has grown too quickly, according to people familiar with the matter.

July 12, 2022