The model will offer more than 155 miles of range and is the “last piece of the puzzle” for VW’s next-generation lineup, said Thomas Schaefer, CEO of the brand.
Category: News
Iowa Shutters Biodiesel Output on Federal Policy Uncertainty
Iowa biodiesel plants are operating at minimum or completely stopping production amid uncertainty over the future of renewable fuel and tax credit policies.
Trade Tensions Put American Crop Exports in Jeopardy
“Mexico could put their own import tariffs on — that could reduce the U.S. freight advantage. It’s a matter of how fierce the trade war gets,” said Pat Boova.
Trump Grants One-Month Tariff Exemption for US Automakers
President Donald Trump is granting a one-month exemption on his new tariffs on imports from Mexico and Canada for U.S. automakers, amid fears that the trade war could harm U.S. manufacturers.
Cummins Launches X10 Engine Platform
Cummins continued to overhaul its engine options for medium- and heavy-duty trucks, unveiling the X10 engine platform and a B-Series engine update in recent days.
Canada Won’t Scrap Tariffs Unless All US Levies Are Lifted
Prime Minister Justin Trudeau is not open to lifting Canada’s full package of retaliatory tariffs if U.S. President Donald Trump leaves any tariffs on Canada in place.
DOE Withdraws Biden-Era Rule, Approves LNG for Vessel Fuel
The Department of Energy has given the OK for vessels to use liquefied natural gas as a fuel by withdrawing its past Biden-era order that created a roadblock for a small Florida company.
Trump Approves Permit Extension for Exxon’s Golden Pass LNG
The Trump administration extended a permit for the Golden Pass liquefied natural gas export project co-owned by QatarEnergy LNG and Exxon Mobil Corp.
Geely Signs $2.5 Billion Loan to Refinance Volvo Truck Deal
Chinese billionaire Li Shufu’s Zhejiang Geely Holding Group has obtained a syndicated loan to refinance borrowings related to its 2018 acquisition of a stake in Volvo AB.
Saudi Aramco Might Bid for BP’s Castrol Lubricant Assets
Saudi Aramco is considering a potential offer for BP’s Castrol lubricant assets, as the Middle Eastern company pushes for acquisitions that deepen its reach in oil consuming countries.