Fuel

BERLIN — Tesla founder and CEO Elon Musk said Aug. 13 that he hopes to start producing cars at its new factory outside Berlin in October.

Electrified powertrain systems developer Hyliion Corp. reported a net loss and no revenue in the second quarter but ended the period with $617 million total available liquidity to fund ongoing product development.

WASHINGTON — President Joe Biden’s administration is moving at home and abroad to try to address concerns about rising energy prices slowing the nation’s recovery from the pandemic-induced recession.

The delivery of new USPS trucks set for 2023 could be delayed.

The International Energy Agency cut forecasts for global oil demand “sharply” for the rest of this year as the resurgent pandemic hits major consumers, and predicted a new surplus in 2022.

Nikola Corp. announced it added Alta Equipment Group to its emerging dealer network for its heavy-duty battery-electric and hydrogen fuel cell trucks, which are under development.

The national average price for a gallon of diesel dipped three-tenths of a cent to $3.364, according to Energy Information Administration data released Aug. 9.

A.P. Moller Maersk A/S’s efforts to become carbon-neutral face an unusual hurdle: There isn’t enough used cooking oil to make the biofuel that powers the vessels.

Trevor Milton has more in common with Elon Musk than starting a prominent electric vehicle company named after inventor Nikola Tesla. He’s now hired the same lawyers to defend him.

The Environmental Protection Agency on Aug. 5 announced plans to reduce greenhouse gas emissions and other harmful air pollutants from heavy-duty trucks in a series of major rulemakings over the next three years.