Fuel

WASHINGTON — The Environmental Protection Agency on March 29 set strict emissions standards for heavy-duty trucks, buses and other large vehicles.

Velocity EV announced March 27 that the first Rizon Classes 4-5 battery-electric cabover trucks are being delivered to customers throughout California.

The U.S. purchased 2.8 million barrels of crude for the nation’s emergency oil cache as it seeks to replenish depleted supplies.

Volvo Car AB produced its last automobile with a diesel engine this week, ending an era for the manufacturer that plans to only make electric vehicles by 2030.

American farmers will plant more corn than soybeans in 2024 — as they have in most years for over a century. But beyond that, a green diesel boom threatens to dethrone the king of all crops.

The national average diesel price edged up six-tenths of a cent to $4.034 a gallon in its second consecutive modest increase, according to Energy Information Administration data released March 25.

Tesla Inc. staff are now required to install and demonstrate the company’s driver-assistance technology before handing cars over to buyers in North America.

Lucid Group is getting a $1 billion cash injection from its biggest investor, an affiliate of Saudi Arabia’s Public Investment Fund, providing the troubled EV maker with a needed lifeline.

Struggling electric vehicle startup Fisker Inc. said it needs to renegotiate terms for recent financing or face the possibility of filing for bankruptcy protection.

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.