Latest News Updates From Associated Press

Government, Business, Technology, Equipment, Fuel

Biden Pledge to Make Federal Fleet Electric Faces Slow Start

WASHINGTON — President Joe Biden, a self-described “car guy,’’ often promises to lead by example on climate change by moving swiftly to convert the sprawling U.S. government fleet to zero-emission electric vehicles. But efforts to eliminate gas-powered vehicles from the fleet have lagged.

October 3, 2022
Business, Technology, Safety, Logistics, Autonomous

Tesla Q3 Sales Bounce Back but Fall Short of Estimates

AUSTIN, Texas — Tesla’s sales rose 35% in the July-September period compared to the second quarter as the company’s huge factory in China got past supply chain issues and pandemic restrictions.

October 3, 2022
Business, Equipment

GM Spending $760 Million to Convert Toledo Factory to Make EV Parts

General Motors says it will spend $760 million to renovate its transmission factory in Toledo, Ohio, so it can build drivelines for electric vehicles.

September 23, 2022
Business, Technology, Equipment

Parts Shortage Forces Ford to Cut Its Q3 Earnings Forecast

DEARBORN, Mich. — A parts shortage that has thousands of Ford’s most-profitable vehicles sitting on lots waiting to be fully assembled has forced the automaker to slash its third-quarter earnings forecast.

September 20, 2022
Business, Fuel

Shell CEO to Step Down as Oil Giant Looks to Climate Goals

LONDON — Shell CEO Ben van Beurden is stepping down at the end of 2022 after nine years in charge, the energy giant said Sept. 15, a change that comes as oil and natural gas companies are under pressure to shift away from fossil fuels .

September 15, 2022
Government, Business, Logistics

From Carmakers to Refiners, Industries Brace for Rail Strike

Here’s how some industries are gauging the potential impacts and getting ready for the possible rail work stoppage.

September 14, 2022
Government, Business, Technology, Equipment, Fuel

GM Venture Starts Building Battery Cells at New Ohio Factory

DETROIT — General Motors said Aug. 31 that a new electric vehicle battery plant built in Ohio has started producing cells, which could help customers get federal tax credits.

August 31, 2022
Government, Business, Technology, Fuel

Canada, Germany Aim to Start Hydrogen Shipments in 2025

STEPHENVILLE, Newfoundland — The leaders of Germany and Canada said Aug. 23 a new hydrogen pact will kick-start a transatlantic hydrogen supply chain, with the first deliveries expected in just three years.

August 24, 2022
Government, Business, Fuel

Average Gasoline Price Falls 45 Cents to $4.10 per Gallon

CAMARILLO, Calif. — The average U.S. price of regular-grade gasoline plummeted 45 cents over the past three weeks to $4.10 per gallon.

August 15, 2022

US EV Tax Credit Could Violate WTO Rules

BRUSSELS — The European Union expressed concern Aug. 11 that a new U.S. tax credit plan aimed at encouraging Americans to buy electric vehicles would discriminate against European producers and break World Trade Organization rules.

August 11, 2022