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Senate Republicans call for Biden to scrap plans to cut emissions and ramp EV sales

May 25, 2023 1:42 PM EDT

A coalition of 27 Senate Republicans spoke out Thursday, calling on the Biden administration to abandon its proposal to significantly reduce vehicle emissions by 2032 and accelerating the adoption of electric vehicle sales.

In a letter led by West Virginia Senator Shelley Moore Capito, lawmakers said the administration plan will "effectively mandate a costly transition to electric cars and trucks in the absence of... More

Nikola (NKLA) shares plummet following delisting notice

May 25, 2023 11:51 AM EDT

Nikola Corp. (NASDAQ: NKLA) announced on Thursday that it has been issued a delisting notice by Nasdaq due to its failure to meet the minimum bid price requirements set by the exchange.

Shares of the company sank more than 15% to 65 cents... More