Business

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."

The freight market showed renewed signs of recovery in October after stumbling in September, American Trucking Associations reported.

A Florida man is facing up to five years in federal prison after pleading guilty to wire fraud and filing false claims after overstating biodiesel credits that were reported to the IRS and EPA.

CATL is in talks to establish battery recycling operations in Europe, adding to its footprint in the region as the company prepares to start cell production in Hungary.

Rotor Technologies has built two autonomous Sprayhawk helicopters and aims to have as many as 20 ready for market next year. For now, Rotor is focused on the agriculture sector.

Voltera also raised $100 million in debt financing in August. The funds will also be used for building out the company’s planned network of charging sites.

President-elect Donald Trump’s vows to “frack, frack, frack” are about to collide with a global crude glut that’s set to, finally, temper record shale production.

NEW YORK — Walmart ratcheted up sales and profits again in the third quarter with its comparatively low prices proving a powerful draw for shoppers seeking to cut spending where they could.

Under Trump, DOT will take a lead role in reshaping federal infrastructure investment to align with the priorities of the incoming president and Republican congressional leaders.

The five-star crash test ratings, which most vehicles now receive, would not change under the new system. Consumers would see green check marks for vehicles with the new safety features.