(Bloomberg) Chicago Mayor Lori Lightfoot will dedicate $12.5 million of city and federal stimulus funds to help residents deal with surging gas prices.
The city of 3 million people will give away 50,000 prepaid $150 gas cards and 100,000 $50 Chicago Transit Authority cards.
(Bloomberg) Russia’s military has been jamming satellite navigation systems used by commercial aircraft since the invasion of Ukraine, highlighting the need for robust alternatives, according to a French safety regulator.
(Bloomberg) Prime Minister Justin Trudeau’s plan to require that 20% of new light-vehicle sales in Canada be zero-emissions by 2026 hasn’t got enough money behind it to spur that level of consumer consumer demand, according to the head of an automakers’ group.
(Bloomberg) Vietnamese electric-vehicle maker VinFast said it will start building a factory in North Carolina this year, ahead of a planned U.S. initial public offering.
(Bloomberg) President Joe Biden is poised to invoke as soon as this week Cold War powers to encourage domestic production of critical minerals for electric-vehicle and other types of batteries, according to people familiar with the matter.