Fuel

Ford Motor Co. CEO Jim Farley said rival Tesla Inc. could start a price war and turn certain electric vehicle models into commodities after it cut prices again.

DETROIT — Tesla shares fell sharply April 20 as the company felt the sting of numerous price cuts it made across its model lineup this year in hopes of energizing sales.

Canada agreed to subsidies that may top C$13 billion ($9.7 billion) over a decade to land an electric vehicle battery plant by Volkswagen AG, the company’s first gigafactory outside Europe.

Tammy Snyder's homespun setup is a preview of what soon may be easily available to many Californians: EVs that are equipped not just to receive power, but also to deliver it.

DETROIT — Tesla dropped the starting prices for its two top-selling models overnight, the company’s fourth price cut in the U.S. this year.

Andrew Scott doesn’t know for sure yet, but the Biden administration may cost Hyundai his business.

Diesel’s national on-highway average price ended its 10-week run of declines by rising 1.8 cents to $4.116 a gallon, according to Energy Information Administration data released April 17.

Only 10 electric and plug-in hybrid vehicles will qualify for $7,500 federal tax credits after stricter battery-sourcing rules take effect and render most plug-in models ineligible.

LONDON — Norwegian startup Freyr will first build batteries to power electric vehicles and store clean energy in a remote town near the Arctic Circle. Up next? An Atlanta suburb.

“Diesel demand can act as a leading indicator for broader growth as an early sign that spending by households is waning,” said one expert.