Plug Power Inc. surged the most in three years after the hydrogen company said it’s getting close to finalizing a $1.6 billion loan from the U.S. Energy Department.

LG Electronics Inc. on Jan. 12 opened its first EV charger factory outside of South Korea — in Forth Worth, Texas — as the company targets the North American market.

The Goodyear Tire & Rubber Co. is developing a product for electric vehicles that it says will bolster their competitiveness against gas-powered vehicles by extending tire duration.