Fuel

About Fuel News...

Transport Topics fuel coverage looks closely at what powers trucks. From the latest on battery, diesel and alternative fuel technology to the costs and prices associated with each, this news category covers today’s fuel ecosystem extensively. Topics include green house gas regulation, fuel prices, equipment costs, fuel infrastructure, surcharge and more.

Government, Business, Technology, Equipment, Fuel

Utah to Lower Gas Tax, Impose EV Charging Tax

Gasoline taxes will drop in Utah in July, and taxes will be levied at electric vehicle charging stations starting in January, after new laws signed by Gov. Spencer Cox.

Noël Fletcher | Staff Reporter
April 21, 2023
Government, Business, Technology, Equipment, Fuel

Ford’s F-150 Leaves Tough Choices for EV Tax Credits

While the average gasoline-powered F-150 now sells for almost $63,000 — 25% more than five years ago — the electric version commands a premium of almost 30% over that.

Kyle Stock | Bloomberg News
April 21, 2023
Business, Technology, Equipment, Fuel

Ford’s Jim Farley Says Tesla Could Start an EV Price War

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.

April 21, 2023
Business, Technology, Safety, Fuel, Autonomous

Tesla Q1 Sales Climb, but Profit Falls on Price Cuts

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.

Tom Krisher | Associated Press
April 20, 2023
Government, Business, Technology, Fuel

Canada Matches US Subsidies to Win VW EV Battery Plant

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.

Brian Platt | Bloomberg News
April 20, 2023
Business, Technology, Fuel, TCA

How Your EV Can Power Your Home

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.

Lisa Krieger | SiliconValley.com
April 19, 2023
Government, Business, Technology, Equipment, Fuel

Tesla Cuts US Prices Again Ahead of Earnings Release

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.

April 19, 2023
Business, Technology, Equipment, Fuel

Biden Policy May Cost EV Makers Some Customers

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

Keith Laing | Bloomberg News
April 18, 2023
Government, Fuel

Diesel Bumps Up 1.8¢ to $4.116 a Gallon

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.

Keiron Greenhalgh | Staff Reporter
April 17, 2023
Government, Business, Technology, Equipment, Fuel

Only 10 EVs Qualify for Full $7,500 US Tax Credit

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.

April 17, 2023