Toyota Motor Corp. agreed to recognize California’s authority to set its own auto emission standards, ending a standoff stretching back to the Trump administration.
August 23, 2022Fuel
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Government, Business, Fuel 
Toyota now says it “continues to share the vision” of greenhouse gas reduction and carbon neutrality goals with CARB and the state of California.(Waldo Swiegers/Bloomberg News)
Toyota Backs Down in Fight Against California Emission Rules
Toyota now says it “continues to share the vision” of greenhouse gas reduction and carbon neutrality goals with CARB and the state of California.(Waldo Swiegers/Bloomberg News) Government, Business, Technology, Fuel 
Heavy vehicle chargers. (DTNA/PGE)
Inflation Reduction Act Offers Incentives to Increase Electric Truck Adoptions
Heavy vehicle chargers. (DTNA/PGE)For those motor carriers seeking to begin or continue their fleet conversions to electric trucks, new federal legislation will offer significant financial assistance.
August 23, 2022 Business, Technology, Fuel 
Polestar
Polestar to Share Battery Tech With Boat Maker
PolestarElectric carmaker Polestar Automotive Holding has agreed to share battery technology with Candela Speed Boat AB, a startup trying to electrify leisure boats and water taxis.
August 23, 2022 Government, Business, Fuel 
Luke Sharrett/Bloomberg News
Gas Prices Fall for 70 Straight Days
Luke Sharrett/Bloomberg NewsGasoline prices in the U.S. have fallen for 70 days straight, the longest down streak since January 2015.
August 23, 2022 Government, Business, Fuel 
A fuel tank driver adjusts his hose hookup to an underground tank in Jackson, Miss. (Rogelio V. Solis/Associated Press)
Regional Variance Produces Tiny Drop in Diesel’s National Average
A fuel tank driver adjusts his hose hookup to an underground tank in Jackson, Miss. (Rogelio V. Solis/Associated Press)The price of diesel may be showing signs of leveling off after falling again for the ninth consecutive week, but by just two-tenths of a cent, thanks to noticeable regional disparities.
August 22, 2022 Government, Business, Fuel 
A driver fuels a vehicle at a gas station in New York. (Stephanie Keith/Bloomberg News)
New York Turns to Ships to Head Off Gas Shortage
A driver fuels a vehicle at a gas station in New York. (Stephanie Keith/Bloomberg News)New York gasoline inventories are so low that suppliers are resorting to expensive U.S. vessels to move fuel into the region and allay the potential for shortages.
August 22, 2022 Government, Business, Fuel 
A battery cell is inserted into a testing chamber at a performance testing laboratory operated by Volkswagen Group Components, in Salzgitter, Germany. (Krisztian Bocsi/Bloomberg News)
VW, Mercedes Line Up Tariff-Friendly Battery Supplies in Deal With Canada
A battery cell is inserted into a testing chamber at a performance testing laboratory operated by Volkswagen Group Components, in Salzgitter, Germany. (Krisztian Bocsi/Bloomberg News)Volkswagen AG and Mercedes-Benz Group AG have sealed agreements with Canada to secure access to raw materials such as nickel, cobalt and lithium for battery production, according to people familiar with the accords.
August 22, 2022 Business, Fuel 
A Ford Mustang Mach-E is charged at a Ford dealership in Colma, Calif. (David Paul Morris/Bloomberg News)
Ford to Cut 3,000 Jobs to Fund Shift Toward EVs
A Ford Mustang Mach-E is charged at a Ford dealership in Colma, Calif. (David Paul Morris/Bloomberg News)Ford Motor Co. said it’s cutting 3,000 jobs this week in a move to boost profits as it seeks to fund the $50 billion it plans to spend on electric vehicles.
August 22, 2022 Business, Technology, Fuel, Autonomous 
Rivian
Rivian Cancels Least Expensive Version of Electric Pickup Truck
RivianRivian Automotive Inc. eliminated the least expensive trim of its R1T electric pickup truck, the company confirmed via email, effectively raising the price of its entry-level model.
August 19, 2022 Business, Technology, Equipment, Fuel 
The Dodge Charger Daytona SRT concept is unveiled Aug. 17, 2022, in Pontiac, Mich. (Carlos Osorio/Associated Press)
Gas-Powered Muscle Cars to Turn Electric
The Dodge Charger Daytona SRT concept is unveiled Aug. 17, 2022, in Pontiac, Mich. (Carlos Osorio/Associated Press)PONTIAC, Mich. — Thundering gas-powered muscle cars, for decades a fixture of American culture, will be closing in on their final Saturday-night cruises in the coming years as automakers begin replacing them with super-fast cars that run on batteries.
August 18, 2022