Fuel

In a nod to the uncertain road ahead for electric vehicle adoption, Stellantis announced an all-new internal-combustion engine line March 25, even as the automaker targets 50% EV sales in the U.S. by 2030.

The U.S. Postal Service announced March 24 it ordered more than 10,000 new electric delivery trucks, up from the 5,000 the agency had initially planned to purchase.

New York, New Jersey, Massachusetts and Connecticut agreed to work with about 40 clean power companies, utilities and universities to create plans for a regional hydrogen hub as part of a push to curb greenhouse gas emissions.

A move by states to soothe the sting of soaring fuel prices by temporarily suspending diesel fuel taxes has some unlikely opponents: truckers, the very people it’s supposed to help.

PORTLAND, Maine — With inflation raging and state coffers flush with cash, governors and lawmakers across the U.S. are considering a relatively simple solution to help ease the pain people are feeling at the gas pump and grocery store — sending money.

California Gov. Gavin Newsom would send car owners $400 debit cards and partially pause gasoline taxes to address high gas prices, he said March 23.

With the state budget surplus hitting record-breaking levels, Connecticut legislators voted unanimously March 23 to cut gasoline taxes — and talked about reducing more taxes in the future.

LG Energy Solution will invest around $2 billion on increasing output in North America as the South Korean battery maker ramps up production to meet rising demand for electric cars.

Dan Ammann, who led the Cruise self-driving unit of General Motors Co. until December with a mission to reduce traffic and eliminate emissions, has landed at oil giant Exxon Mobil Corp.

Europe is facing the prospect of a shortage of diesel as flows from Russia dwindle in the aftermath of its invasion of Ukraine, senior executives at three trading houses said.