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Obscure Energy Calculation Could Speed Up EV Future

WASHINGTON — Overshadowed by the tailpipe emissions rule, the Department of Energy finalized changes to a calculation that could impact automakers’ ability to sell gas-powered vehicles.

April 9, 2024

Biden Grants $6.6 Billion to Chipmaker TSMC

WILMINGTON, Del. — The Biden administration pledged on April 8 to provide up to $6.6 billion so that a Taiwanese semiconductor giant can expand the facilities it is building in Arizona.

April 8, 2024

Stellantis CEO Says EV Battery Weight Must Be Halved

The weight of electric vehicles batteries should be halved over the next decade in order to make the cars more efficient and environmentally friendly, Stellantis NV CEO Carlos Tavares said.

April 4, 2024

South Korean Chipmaker Plans $3.87 Billion Indiana Plant

WEST LAFAYETTE, Ind. — A major South Korean computer chipmaker said April 3 it plans to spend more than $3.87 billion in Indiana to build a semiconductor packaging plant and research center.

April 4, 2024

Work Continues on Establishing PC-12 Oil Category

PC-12 will replace the current API CK-4 and FA-4 engine oils, but there are still hurdles ahead of the finish line.

March 29, 2024

China to Challenge Biden’s EV Plans at the WTO

BEIJING — China filed a World Trade Organization complaint against the U.S. on March 26 over what it says are discriminatory requirements for electric vehicle subsidies.

March 26, 2024

Exxon Presses Case for Hydrogen Tax Credit

Exxon Mobil pressed the case for hydrogen produced from natural gas to receive U.S. tax credits under the IRA after signing an accord to sell the fuel to Japan’s biggest power provider.

March 25, 2024

CATL Works With Tesla on Fast-Charging Cells

Contemporary Amperex Technology Co. Ltd. is working on faster charging batteries for Tesla Inc. as Elon Musk’s automaker seeks to defend its market share and roll out an electric car for under $25,000.

March 25, 2024

Biden Touts $8.5 Billion Chips Investment for Intel

CHANDLER, Ariz. — President Joe Biden celebrated an agreement to provide Intel with up to $8.5 billion in direct funding and $11 billion in loans for computer chip plants around the country.

March 20, 2024