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WASHINGTON — Fewer new electric vehicles will qualify for a full $7,500 federal tax credit later this year under rules proposed March 31 by the U.S. Treasury Department.

WASHINGTON — The Federal Reserve’s favored inflation gauge slowed sharply last month, an encouraging sign in the Fed’s effort to cool price pressures through higher interest rates.

Tesla Inc. is looking to build a battery plant in the U.S., according to people familiar with the matter, in what would likely be a controversial arrangement with China’s dominant electric vehicle battery manufacturer.

Used Class 8 truck sales in February decreased 19.6% year-over-year to 17,600 units from 21,900 units, ACT Research reported.

COVINGTON, Ga. — Ascend Elements takes spent lithium-ion batteries and scrap from EV battery makers and grinds them to dust, salvaging minerals for reuse in new EV power sources.

Legislation designed to expand access to parking for truck drivers around the country was recently introduced on Capitol Hill.

WASHINGTON — House Republicans on March 30 approved a sprawling energy package that seeks to undo virtually all of President Joe Biden’s agenda to address climate change.

WASHINGTON — White House Supply Chain Envoy Stephen Lyons told attendees at the AAPA Legislative Summit that the nation’s transportation system was severely tested during recent years.

WASHINGTON — The U.S. economy maintained its resilience from October through December despite rising interest rates, growing at a 2.6% annual pace. 

The world’s most important oil price is about to be transformed, allowing crude supplies from West Texas to help determine the price of millions of barrels a day of petroleum transactions.