Articles

Obama’s EPA moves to preserve gas-mileage requirements

Friday’s action keeps in place pollution-reduction targets for the years 2022-2025. That means the fleet of new cars will have to average 51.4 miles per gallon by 2025, up more than 18 mpg from the 33.2 mpg requirement in 2015, the most recent year available.

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Cummins in position to benefit from new fuel standards

Cummins Inc. is counting on fuel-efficient technology to be a major driver of its future growth. While the company is keeping
its new diesel-engine prototypes under wraps, it is open about its strategy of urging environmental regulators to roll out
increasingly strict standards.

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Cummins gets $54M to improve fuel efficiency

Columbus engine
maker Cummins Inc. will receive nearly $54M in federal funding as part of a program designed to significantly
increase fuel efficiency in heavy trucks and passenger vehicles, U.S. Energy Secretary Steven Chu announced Monday.

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Bank exec forms electric-vehicle biz

Banker Steve Tolen is attempting to resuscitate the electric car. Tolen believes conditions are ripe for an upstart automaker
to launch a safe battery-powered vehicle capable of rapid acceleration, highway speeds and over 100 miles of distance between
charges.

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