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From record gasoline prices to higher airfares to fears of diesel rationing ahead, America’s runaway energy market is disquieting both U.S. travelers and the wider economy. But the chief driver isn’t high crude prices or even the rebound in demand: It’s simply too few refineries turning oil into usable fuels.

ATLANTA — South Korean automaker Hyundai Motor Group is expected to announce next week that it is building an electric vehicle plant near Savannah, Ga., according to a U.S. official familiar with the anticipated announcement.

LONG BEACH, Calif. — Top executives at some of the largest companies in trucking said many factors must come together before the industry can fully advance toward a zero-emission future.

The U.S. president would have the authority to declare an emergency that would make the sale of gasoline at “excessive” prices illegal under legislation House Democrats plan to bring to the floor next week.

LONG BEACH, Calif. — Cummins Inc. will supply market leader Freightliner, a brand of Daimler Trucks North America, with a Cummins hydrogen fuel cell powertrain for the heavy-duty Cascadia model, Cummins Chairman and CEO Tom Linebarger said in a surprise announcement.

Taiwan’s Foxconn Technology Group completed a transaction with Lordstown Motors Corp. to acquire the electric truck startup’s Ohio factory for $230 million and take over production of its Endurance pickup truck, a critical step as the iPhone manufacturer seeks to diversify into electric vehicles.

FRANKFURT, Germany — Swedish carmaker Volvo has signed a deal to supply 44 new electric trucks to German delivery firm Deutsche Post DHL to support its zero-emission targets, both companies announced May 12.

Rivian Automotive Inc. said it accelerated production and stepped up sales in the first quarter, keeping the electric pickup maker on track to deliver 25,000 EVs this year.

California’s carbon market was supposed to be a model for the U.S., harnessing the power of capitalism to fight climate change in the world’s fifth-biggest economy. But nearly 10 years after “cap and trade” began, there’s little proof the system has had much direct impact on curbing planet-warming pollutants.

“No reasonable jury could find that Mr. Musk did not act recklessly.” That’s the upshot of a federal judge’s review of Tesla Inc. CEO Elon Musk’s 2018 tweets about taking the company private, as revealed in an order that was made public May 10.