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Rivian’s $6.6 Billion Loan Advances EV Factory Timeline

The loan would come from the U.S. Energy Department’s Advanced Technology Vehicle Manufacturing program.

November 26, 2024

BP Optimistic About US Energy Future Under Trump

BP Plc anticipates strong growth in the U.S. as President-elect Donald Trump improves regulations on the oil and gas industry just as artificial intelligence boosts energy demand.

November 25, 2024

California EV Rebates May Omit Tesla Models

Gov. Newsom's office told Bloomberg News that the current proposal includes market-share limitations that would exclude Tesla’s popular EV models.

November 25, 2024

California Pledges State EV Credit if Federal Subsidies End

California Gov. Gavin Newsom is promising to step in with a state electric-car tax credit if President-elect Donald Trump repeals a federal subsidy after he takes office next year.

November 25, 2024

Nebraska Sues Truck OEMs Over ‘Collusion’ on California Deal

Nebraska's attorney general filed an antitrust suit against four major original equipment manufacturers, alleging they colluded  to eliminate choice and raise truck prices.

November 25, 2024

GM Opens Lab to Prevent Software Bugs in New Vehicles

WARREN, Mich. — General Motors Co. has developed a software-testing lab inside its Global Technical Center to prevent bugs from entering new vehicles and affecting customers.

November 20, 2024

Stellantis Delays Electric Ram Truck Debuts to Early 2025

Stellantis NV will delay the arrival of its two electric pickup trucks to the first half of 2025 from the end of this year, CEO Carlos Tavares said Nov. 19.

November 20, 2024

EV Demand Could Drop 27% Without Tax Credit

Still, because EVs account for a small percentage of new car sales, removing the credit would have little impact on gasoline demand.

November 19, 2024

Kansas Hydrogen Hunt Seen Fueling New Energy Revolution

A new Gold Rush is taking shape on a quiet stretch of Kansas prairie. There, a clutch of startups backed by the likes of Bill Gates are searching below the surface for hydrogen.

November 19, 2024

Trump Targets Auto Mileage Rules He Blasted as ‘EV Mandate'

The incoming Trump administration is looking to slash fuel-efficiency requirements for new cars and light trucks as part of plans to unwind Biden policies he has blasted as an “EV mandate."

November 19, 2024