Oregon data centers face sharp electricity rate hike under new law
Oregon's PUC approved a 29% rate hike on data centers under the POWER Act, while residential customers will see bills drop by an average of 1.3%.
Fiat launches tiny EV in US with shockingly low price tag – and one major catch
The pint-sized Fiat Topolino EV has arrived in the U.S. with an under-$15,000 price tag, a two-seat layout and a design aimed at short neighborhood trips.
Walmart goes nuclear in first-of-its-kind power deal for retail giant
The retail giant has signed its first nuclear power deal with Constellation for about 176 megawatts from the Dresden Clean Energy Center in Illinois.
Polestar banned from US market under rule targeting China-linked connected vehicles
Polestar says the Trump administration is forcing it to stop selling EVs in the U.S. starting with the 2027 model year under connected vehicle rules.
EV-maker Rivian cuts hundreds of jobs after launching new SUV
Rivian laid off hundreds of workers in its service and customer division as the EV maker restructures teams to profitably scale its business.
GM letting some EV owners sell electricity back to the US power grid
General Motors announced a software update enabling EV owners to sell power back to the electric grid, with over 250,000 bidirectional EVs on U.S. roads.
Ferrari reveals first fully electric car with eye-popping price tag
The iconic car company Ferrari has unveiled the Luce, its first all-electric vehicle, but the reported starting price is about $640,000.
Auto industry trade group urges feds to scrap gas tax and replace it with a vehicle weight fee
Alliance for Automotive Innovation CEO John Bozzella proposed replacing the federal gas tax with a weight-based vehicle fee for road infrastructure spending.
New data shows SUVs and trucks crushing electric car sales
FOX Business correspondent Jeff Flock joins ‘Varney & Co.’ to break down the surge in SUV and truck sales, the slowdown in electric vehicle demand and how billions in tariffs are reshaping the auto industry.
Uber, Rivian ink $1.25B deal to put thousands of robotaxis on US streets
Uber plans to purchase 10,000 Rivian R2 robotaxis with the option for 40,000 more as the companies target a 2028 launch for autonomous ride-hailing service.
Electric school bus mandates bring new costs for taxpayers, districts
A new report citing school officials says that electric school buses demand significantly higher operating costs than their traditional diesel counterparts.
Honda cancels 3 planned EV models for US
Honda shifts U.S. strategy from electric vehicles to hybrids as consumer demand weakens, canceling three planned EV models including Honda 0 Series lineup.
Lucid CEO makes case for EVs against combustion rivals: 'Better technology'
Lucid Motors interim CEO Marc Winterhoff discusses the impact of high gas prices on the EV market, the unveiling of new models during the company's investor day, his outlook on profitability and more on 'The Claman Countdown.'
Americans hit with soaring electricity bills as price hikes outpace inflation nationwide
Electricity prices surged 6.3% nationwide as AI data centers and winter weather strained the grid, outpacing inflation and hitting household budgets hard.
Aston Martin to cut up to 20% of its workforce
Aston Martin announced a plan to cut up to 20% of its workforce as ongoing financial struggles and challenging market conditions affecting the luxury automaker.
Lamborghini scraps first EV launch, calls development 'expensive hobby'
Lamborghini canceled plans for an upcoming electric vehicle launch due to a lack of consumer demand and will replace it with a plug-in hybrid instead, CEO Stephan Winkelmann said.
Volvo recalls over 40,000 electric SUVs worldwide over battery fire concerns
Volvo is recalling over 40,000 EX30 electric SUVs worldwide due to a battery fire risk. Owners are urged to limit charging to 70% until safety repairs are completed.
Gas prices fall in January, giving Americans a break at the pump
Gas prices dropped 7.5% over the past year, bringing welcome relief to American consumers as inflation data shows energy costs declining nationwide.
Ford CEO says 'customer has spoken’ after EV shift drives major quarterly loss
Ford reported a massive $11.1 billion quarterly loss driven by electric vehicle writedowns and tariff costs, marking the automaker's worst quarter since 2008.
Jaguar Land Rover recalling 2,300 electric vehicles in US over fire risk
Jaguar Land Rover recalled nearly 2,300 I-Pace electric SUVs over a fire risk from overheating batteries, with owners urged to park outside and limit charging to 90%.



















