EV Stocks Climbing Back on Biden’s ‘Green Tidal Wave’
Electric vehicle stocks, which were hit hard this year as investors shifted out of growth industries, are getting a boost as President Joe Biden mounts a major push to accelerate the adoption of battery-powered cars, and Chinese peers report strong March sales.
April 1, 2021Oil Rises After OPEC+ Agrees to Boost Output Gradually
Oil rose after the OPEC+ alliance agreed to increase oil production gradually over the next three months.
April 1, 2021‘Chargers Everywhere’: Biden Maps $174 Billion Path for EV Boom
The U.S. auto industry sees President Joe Biden’s infrastructure package as accelerating a global shift toward electric vehicles, thanks to the $174 billion proposed for charging stations, planned consumer rebates for American-made EVs and a pledge to electrify the government’s fleet.
April 1, 2021Biden’s Infrastructure Plan to Total $2.25 Trillion, Include Corporate Tax Hikes
President Joe Biden announced a $2.25 trillion climate change-centric infrastructure plan meant to repair the country’s roads and bridges, and guarantee nationwide access to broadband internet and safe drinking water.
March 31, 2021Fleets Selected for NACFE's Run on Less - Electric Event
The North American Council for Freight Efficiency has announced Run on Less – Electric, a real-world demonstration slated for September of zero-emission goods movement involving 13 private and public fleets and a mix of vehicles — including yard tractors — from 13 OEMs.
March 31, 2021Stellantis to Offer New Vans Pairing Hydrogen and Battery Power
Stellantis NV’s new range of cargo vans running on both hydrogen and plug-in electric technology offer the promise of emitting only water vapor and refueling time on par with going to the gas station.
March 31, 2021Daimler’s Mercedes-Benz to Start Electric Van Production in US in 2023
Mercedes-Benz is bringing production of its new electric delivery van to the U.S. in the second half of 2023, joining a herd of automakers seeking to capitalize on the greening of e-commerce.
March 30, 2021Daimler’s Legal Risks Around Emissions Linger Ahead of Revamp
Daimler AG shares have soared since the pandemic forced the Mercedes-Benz maker to postpone its annual shareholders’ meeting around this time a year ago. Its chairman’s swan song still will hit some low notes.
March 30, 2021Diesel Drops 3.3¢ for First Decline in 21 Weeks
The national average price of a gallon of diesel dropped 3.3 cents to $3.161 a gallon, the first decline since Nov. 2, 2020.
March 29, 2021Oil Rises for Second Day With Focus Moving Toward OPEC+ Meeting
Oil climbed to the highest in almost two weeks as traders looked ahead to this week’s OPEC+ meeting with speculation that renewed demand concerns will spur the group to keep production in check.
March 29, 2021