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, 2024Search
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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, 2024South 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, 2024Work 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, 2024China 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, 2024Exxon 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, 2024CATL 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, 2024Biden 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, 2024Electrifying Trucking: $1 Trillion Needed for Infrastructure
The trucking industry transitioning to full electrification would require nearly $1 trillion in infrastructure investments, a new study revealed March 19.
March 19, 2024Aerolane Seeks to Use Freighter Planes to Pull Cargo Gliders
Aerolane is testing a business plan to pull cargo gliders with small freighter planes.
March 19, 2024