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TOKYO — Nissan said Nov. 29 it is investing 2 trillion yen ($17.6 billion) over the next five years and developing a cheaper, more powerful battery to boost its electric vehicle lineup.

Nikola Corp.’s founder sold his biggest batch of shares since the U.S. charged him with securities fraud, bringing the total he has disposed of since August to $284 million.

Senators returning to Capitol Hill after the Thanksgiving recess are scheduled to kick off debate on a nearly $2 trillion budget package that aims to promote severe-weather resilience and reduce congestion across mobility networks.

Employees at electric truck maker Xos decided something was equally vital as strong financial metrics: performing acts of generosity within the community.

Transportation leaders from around the globe discussed shared challenges during the first in-person meeting in two years of the International Road Transport Union, with supply chain snarls, a shortage of drivers and environmental issues at the top of the agenda.

President Joe Biden on Nov. 23 ordered 50 million barrels of oil released from the nation’s strategic reserve to help bring down energy costs, in coordination with other major energy consuming nations, including China, India and the United Kingdom.

President Joe Biden is preparing to announce a release of oil from the nation’s Strategic Petroleum Reserve in concert with several other countries as soon as Nov. 23, according to people familiar with the plan.

The national average price for a gallon of diesel reversed course as it dropped for the first time in more than two months, falling 1 cent to $3.724 a gallon, according to Energy Information Administration data released Nov. 22.

Gov. Ron DeSantis said Nov. 22 he wants to zero out the state’s gas tax for six months and deliver $1 billion of tax relief at the pump so Florida residents can deal with rising costs that are eating into their household budgets.

Europe is growing increasingly reliant on coal to keep the lights on as the weather turns cold, sending the cost of polluting to a record.