Mobility

Belgian marine constructor DEME floated its second giant wind-turbine installation vessel, Norse Energi, at China’s CIMC Raffles yard, a key step in an investment programme aimed at meeting growing offshore lifting demand.
The Northern Sea Route attracts businesses due to its logistical speed but presents significant technological challenges for the naval industry, especially in designing vessels adapted to extreme Arctic conditions.

Ireda files second bankruptcy petition against Gensol Engineering

The Indian Renewable Energy Development Agency is pursuing Gensol for a total default of over Rs 7.28 billion ($90.91mn), now targeting its electric vehicle leasing business.
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The International Energy Agency expects electric vehicles to cut oil demand by 5 million barrels per day by 2030, down from a previous estimate of 6 million, citing economic and trade uncertainties.
Adani Enterprises has launched a hydrogen-powered truck at a public mine in Chhattisgarh, marking a first in India for heavy transport in the mining sector.

Incat launches 130-metre electric ferry in Australia for Buquebus

Shipbuilder Incat has unveiled a 130-metre electric catamaran designed for Buquebus, intended to connect Montevideo to Buenos Aires with a capacity of 2,100 passengers.
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Ferrari unveiled on April 29 the 296 Speciale, a lighter and optimised version of the 296 GTB, featuring an 880 hp hybrid powertrain and aerodynamic innovations inspired by racing.
As electric vehicles now account for more than half of new registrations in China, domestic gasoline demand is showing tangible signs of slowing down, raising significant strategic questions for refiners, according to the Oxford Institute for Energy Studies.

Electric relay stations inaugurated between Avignon and Lille for road transport

Sanef, Engie and Ceva Logistics have launched in France a first corridor for electric trucks, structured like modern postal relays, aiming to improve the efficiency of long-distance transport.
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Tesla sales saw a significant drop in March, with a 36% decrease compared to the previous year, according to data from the European Automobile Manufacturers Association. The brand faces increased competition and the consequences of its image.
Tesla reported a sharp decline in its quarterly results, driven by weakened demand and an increasingly divisive political stance from CEO Elon Musk.

Elon Musk reduces his federal involvement after Tesla’s Q1 losses

Elon Musk will partially step back from his role in Donald Trump’s government commission to focus on Tesla, which has been impacted by declining quarterly results and tensions in several markets.
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Havre-based shipowner Towt continues its sail-powered maritime operations between Le Havre and New York despite new US tariffs, while announcing fleet expansion to eight vessels by 2027.
Swedish automaker Polestar sold 12,304 vehicles in the first quarter of 2025, a notable increase despite an uncertain economic context.

Sinopec and CATL to launch 10,000 battery swap stations for electric vehicles

Sinopec and CATL have signed a strategic agreement to build 10,000 battery swap stations in China, marking a turning point in the country's electric mobility infrastructure.
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Ionity, Fastned, Electra and Atlante will launch a joint platform this summer allowing drivers to access their fast-charging networks across 25 countries without additional formalities.
Elon Musk announced that Tesla will increase its electric vehicle production in the United States over the next two years. This statement comes as the company faces declining sales and stock market volatility.

Hybrid cars dominate sales in Europe in January 2025

In January 2025, hybrid vehicle registrations in Europe reached 34.9% of the market, surpassing petrol models at 29.4%, according to the European Automobile Manufacturers Association (ACEA).
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The Italian competition regulator has launched an investigation into the information provided by BYD, Stellantis, Tesla, and Volkswagen regarding the range and battery warranty of their electric vehicles.
Industrial minerals group Imerys plans to approve the investment for a lithium ore processing pilot plant in Échassières before summer 2025. Meanwhile, the company is seeking industrial and financial partners to support this strategic project.
Qair and Trapil join forces to develop the distribution of electromolecules in France and abroad, with the aim of supporting the decarbonization of the air and sea transport sectors.
Norway stands out for its lead in automotive electrification, with over 754,000 electric vehicles registered. This historic turning point raises questions about the sustainability of this transition and the challenges ahead to maintain this momentum.

Electric mobility in France: Sustainable transition and innovative solutions

Electric mobility in France is progressing, supported by Enedis studies on recharging behavior. Despite high user satisfaction, challenges remain, notably vehicle autonomy and the optimization of charging infrastructures.
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BMW has announced mass production of its first hydrogen-powered car for 2028, in collaboration with Toyota, despite the infrastructure and cost challenges associated with this niche technology.
Volvo Cars is lowering its target for 100% electric sales by 2030, due to delays in the development of charging infrastructure and regulatory changes.

Octopus Electroverse becomes Europe’s largest EV charging network

Octopus Electroverse reaches 850,000 charging points for electric vehicles in Europe, optimizing access to an interoperable network at no additional cost to users.
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Chinese automaker BYD reports a 24.4% increase in half-year net profit, driven by sustained domestic demand and a strategy of international expansion.
The cost of recharging at ultra-fast charging stations remains unpredictable, creating a significant barrier to the progression of electric vehicles, despite the rapid expansion of infrastructure.

United States: First 100% electric school fleet in operation in Oakland

Oakland becomes the first school district in the USA to adopt a fleet of 100% electric buses, incorporating V2G technology, with direct implications for the local energy infrastructure.
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Kerosene reserves in Colombia are dwindling, prompting operational adjustments at several airports and increased surveillance of the aviation sector.
Despite a significant increase in sales in the second quarter, XPeng suffered further financial losses, reflecting tensions in the Chinese electric vehicle market.

DRIFT Energy raises £4.65m to deploy hydrogen-powered yachts

DRIFT Energy raises £4.65 million to develop autonomous yachts dedicated to offshore hydrogen production, with support from Octopus Ventures.
DRIFT 58m "true green" sailing catamaran MVY
Sceye, a key player in high-altitude platform systems, achieves stratospheric daytime flight using solar energy, opening up unprecedented prospects for aerial infrastructure and environmental monitoring.
BYD, China's leading electric vehicle manufacturer, joins forces with Mega Motors to open a plant in Karachi, aiming to transform Pakistan's automotive landscape.

USA: $50 million to modernize EV supply chains

The U.S. Department of Energy is awarding $50 million to six states to support automotive suppliers' transition to electric vehicle component production.
China's electric vehicle market far outstrips that of Europe, revealing a growing divergence in the adoption of electromobility and highlighting the challenges Europe faces in catching up.
The market for diesel engines for vehicles will reach 54.7 billion USD by 2032, driven by urbanization and increased automobile production, despite high operating costs.

ENEOS and Cosmo Energy step up production in the face of fuel shortages

ENEOS Holdings and Cosmo Energy Holdings are adjusting their strategy to meet growing demand for aviation fuel in Japan, by increasing production and considering imports in the face of geopolitical tensions.
In July 2024, sales of hybrid and electric cars in China exceeded 50%, marking a milestone for the automotive market.
California is stepping up its efforts to integrate hydrogen into heavy-duty, marine and air transport, despite the challenges of infrastructure and high costs.