Fuel

Ford Motor Co. CEO Jim Farley made a bold bid for electric supremacy May 26 by boosting his company’s bet on plug-in models by more than a third, to $30 billion, and promising to electrify virtually the entire lineup.

THE HAGUE, Netherlands — A Dutch court on May 26 ordered Royal Dutch Shell to cut its carbon emissions by net 45% by 2030 compared with 2019 levels in a landmark case brought by climate activism groups, which hailed the decision as a victory for the planet.

Tritium, which makes fast chargers for electric vehicles, has reached an agreement to go public through a merger with blank-check company Decarbonization Plus Acquisition Corp. II.

Oil was little changed as investors weighed talks of higher Iranian supply against the prospect of a continued recovery in demand.

Long heralded as the clean energy fuel of the future that will play a key role in decarbonization, attractive hydrogen prices could finally be in sight.

Riding a rising stock price, a splashy new model intro and a friendly presidential visit, new Ford Motor Co. CEO Jim Farley faces his biggest test yet: explaining his strategy for making the 118-year-old automaker relevant in the electric age.

Four years after the California Legislature boosted the gas tax in order to fix the state’s crumbling roads and bridges, California has spent billions and made some progress in repairs, but officials now say the funding is sufficient to complete less than half of the work needed.

The national average price for a gallon of diesel nudged up just four-tenths of a cent to $3.253 a gallon, according to Energy Information Administration data released May 24.

Automotive historians may look back on May 2021 as a tipping point in the evolution of electric vehicles.

Tesla Inc., whose boss Elon Musk says he can develop a fully self-driving car without using laser-sensor technology, has a contract to use such lidar sensors from Luminar Technologies Inc. for testing and development, according to people familiar with the matter.