Business

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.

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.

Boeing CEO Dave Calhoun will step down from the embattled plane maker at the end of the year after a series of mishaps at one of America’s most storied manufacturers.

HANOVER, Germany — Volkswagen Commercial Vehicles is to test its self-driving ID Buzz AD electric van for the first time under realistic conditions and with passengers on board.

PALM SPRINGS, Calif. — While other small, premium brands have rushed toward high-tech, all-electric drivetrains, Lincoln is taking a different road.

Joby Aviation Inc. expects to launch its flying taxi service in Dubai before anywhere else, including the startup’s home turf in the U.S.

Exxon Mobil Corp. is convinced its interpretation of intent in a Guyanese oil contract signed a decade ago will prevail in a landmark arbitration case against Chevron Corp.

An ePTO will run “anything that goes on with the truck’s ignition key except the engine,” says Viatec Inc. CEO Mark Ferri, such as lights, air conditioning, powered accessories (like windows and seats), computers, hand tool chargers and communications equipment. 

Stellantis NV is cutting about 400 white-collar jobs in the U.S. as the maker of Jeep and Ram vehicles works to shift its product lineup toward electric cars.

WASHINGTON — Congress approved a $1.2 trillion package of spending bills early on March 23 just a few hours after funding for some key federal agencies was set to expire.