The tax credit created by President Joe Biden’s signature climate law now includes a carve-out that will benefit some existing nuclear power plants.
Category: News
Manhattan Congestion Toll Faces Last-Ditch Legal Fight
New York’s controversial plan to charge drivers a toll for entering Manhattan’s central business district starting on Jan. 5 is facing a last-ditch challenge from neighboring New Jersey.
Biden Blocks $14.1 Billion US Steel Sale to Nippon Steel
Biden announced his formal decision on Jan. 3 after the case was referred to him by a U.S. security review panel, ahead of a deadline early next week.
Tesla Cybertruck Joins List of EVs Eligible for US Subsidy
The Cybertruck qualifies for up to $7,500 in U.S. tax credits for the first time in 2025, part of reshuffling under tougher rules that took effect Jan. 1 that also disqualify other EVs for subsidies.
In 2025, Will Trump Administration Be a Friend of Trucking?
In June, ATA President Chris Spear met with then-presidential candidate Donald Trump to gain insight into what the trucking industry might expect should Trump win a second term.
USDOT Officials, NTSB to Headline TRB Annual Meeting
The transportation community will meet in Washington Jan. 5-9 for the annual meeting of the Transportation Research Board.
China Tightens Export Curbs on Battery Tech and Metals
China plans to tighten export restrictions on certain technology used to make battery components and the processing of two crucial metals amid rising trade tensions globally.
Biden Expected to Permanently Ban Some Offshore Drilling
Biden is set within days to issue the executive order barring the sale of new drilling rights in portions of the country’s outer continental shelf, according to people familiar.
Tesla Sales Decline for First Time in More Than a Decade
The Elon Musk-led company sold 1.79 million vehicles last year, it said Jan. 2, which was slightly less than what it delivered in 2023 and also below analysts’ consensus estimate.
Treasury Breach Adds to US-China Cybersecurity Tension
News of the latest incursion follows the White House announcement on Dec. 27 that nine telecommunications firms had been breached by a state-sponsored Chinese hacking group.