Business

Hydrogen producer Plug Power Inc.’s stock soared May 14 after the Biden administration offered the U.S. company a conditional commitment for $1.66 billion in loan guarantees to build up to six facilities.

WASHINGTON — The Biden administration announced plans to slap new tariffs on Chinese electric vehicles, advanced batteries, solar cells, steel, aluminum and medical equipment.

DETROIT — The U.S. government’s highway safety agency has opened another investigation of automated driving systems, this time into crashes involving Waymo’s self-driving vehicles.

BALTIMORE — Crews set off a chain of carefully placed explosives May 13 to break down the largest remaining span of the collapsed Francis Scott Key Bridge in Baltimore.

Trailer telematics specialist FleetPulse is to operate as a stand-alone company rather than as a unit of original equipment manufacturer Great Dane, it said.

Delaware announced it will join Enstructure, the operator of the Port of Wilmington, to build a new port terminal in Edgemoor in a $635 million project.

Losses at Westport Fuel Systems Inc. widened in the first quarter of 2024 on the back of weaker revenue and inflationary cost increases.

Chevron Corp.’s $53 billion deal to acquire Hess Corp. suffered a blow May 13 when a leading shareholder adviser urged investors to abstain from voting for the deal.

General Motors’ troubled Cruise autonomous vehicle unit said May 13 that it will start testing robotaxis in Arizona this week with human safety drivers on board.

Sustainable transportation is about moving goods efficiently while minimizing negative impacts on the environment and society.