MILAN (Reuters) - Stellantis is looking at nearly tripling its global sales of electric vehicles this year, the head of holding company Exor, the carmaker’s main shareholder, said on Thursday.

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President Biden is a muscle-car guy — one of his most prized possessions is a 1967 Corvette that he got from his father. But he’s trying to make this an electric vehicle world.

The $2 trillion infrastructure plan that he unveiled on Wednesday is aimed at tackling climate change in part by spending up to $174 billion to encourage Americans to switch to cars and trucks that run on electricity, not gasoline or diesel. That is a large investment but it might not be enough to push most Americans toward E.V.s.

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The Pentagon is weighing a series of proposals to make the military more energy efficient, from mandating all-electric vehicles to weaning trucks, ships and aircraft off of fossil fuels, according to people familiar with the options.

The Biden administration has made clear from the beginning that combating climate change is a top priority — and the Pentagon, the world’s single largest energy consumer, has a key role to play. The military has a record of developing new policies intended to curb greenhouse gases, and a massive budget of roughly $700 billion annually to carry them out...Read More

Japanese auto producer Toyota is aiming to accelerate development of commercial fuel cell electric vehicles (FCEVs), particularly small-size commercial trucks, with a capital tie-up with domestic truck manufacturer Isuzu.

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