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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.
IEA lowers forecast on oil impact from electric vehicles by 2030
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 deploys a hydrogen mining truck for coal logistics

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.
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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.
Ferrari unveils the 296 Speciale, its most powerful hybrid berlinetta to date
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.

China Faces Looming Decline in Automotive Gasoline Demand

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.
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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.
Tesla sales drop by 36% in the EU in March
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 falls 71% in Q1 amid political tensions

Tesla reported a sharp decline in its quarterly results, driven by weakened demand and an increasingly divisive political stance from CEO Elon Musk.
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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.
Towt maintains transatlantic line despite trade tensions with Washington
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.

Polestar records 76% rise in sales in Q1 2025

Swedish automaker Polestar sold 12,304 vehicles in the first quarter of 2025, a notable increase despite an uncertain economic context.
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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.
Four operators to merge access to 11,000 fast-charging stations across Europe
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.

Tesla plans to double its production in the United States by 2027

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.
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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).
Italy opens an investigation into the range of electric vehicles from BYD, Stellantis, Tesla, and Volkswagen
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.

Imerys aims for green light on lithium pilot plant before summer

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.
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Electric Flying Taxis: Strategic Partnership Between Volocopter and a French Company
Volocopter, a major player in air mobility, partners with a French company to deploy electric flying taxis in Paris. This strategic partnership aims to transform urban mobility while addressing the economic challenges linked to technological transition.
U.S. State Department Reverses Decision on $400 Million Tesla Contract
The U.S. State Department has revised a document announcing a $400 million contract for the purchase of armored electric vehicles from Tesla. Elon Musk’s company ultimately did not receive any official contract, despite a strong market reaction.
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Burundi Inaugurates Major $320 Million Hydroelectric Power Plant
France: Générale du Solaire inaugurates 20 MWc floating solar plant in Alsace
Chevron and Energy Transfer Expand Their LNG Agreement at Lake Charles
Global small-scale LNG market to reach $31.78bn by 2030
BrightNight launches 300 MW solar plant in Arizona with Cordelio Power
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.
Brookfield invests $1.1 billion in Infinium eFuels for sustainable aviation
Brookfield is investing up to USD 1.1 billion in Infinium, aimed at increasing the availability of sustainable fuels for aviation and heavy industry, marking a significant step forward for alternative energies.
Site de production Infinium

BMW and Toyota join forces to produce hydrogen-powered cars by 2028

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.
Signature de la coopération BMW-Toyota
Volvo Cars adjusts its 2030 electric target to meet infrastructure challenges
Volvo Cars is lowering its target for 100% electric sales by 2030, due to delays in the development of charging infrastructure and regulatory changes.
Concessionnaire Volvo
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.
Station de recharge

BYD: Half-year profit up 24.4% despite price war

Chinese automaker BYD reports a 24.4% increase in half-year net profit, driven by sustained domestic demand and a strategy of international expansion.
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France: Opaque pricing for ultra-fast charging stations puts the brakes on electromobility
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.

Kerosene shortage in Colombia: airlines on alert

Kerosene reserves in Colombia are dwindling, prompting operational adjustments at several airports and increased surveillance of the aviation sector.
Penurie-kerosene-Colombie-aerien
XPeng posts loss despite strong quarterly sales growth
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 validates solar-powered stratospheric flight

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.
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BYD opens an electric vehicle plant in Karachi, a turning point in Pakistan
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 vs. Europe: The gap is widening in the electric vehicle market

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.
BYD factory, China
Diesel engine market set to reach 54.7 billion USD by 2032
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.

China: Over 50% of cars sold in July are hybrid or electric

In July 2024, sales of hybrid and electric cars in China exceeded 50%, marking a milestone for the automotive market.
Gigafactory Tesla, Shanghai
California Accelerates Hydrogen Adoption in Heavy-Duty Mobility
California is stepping up its efforts to integrate hydrogen into heavy-duty, marine and air transport, despite the challenges of infrastructure and high costs.
Hydrogène mobilité lourde Californie
LNG Trucks in China Significantly Reduce Diesel Demand
China is seeing a growing adoption of liquefied natural gas (LNG) trucks, reducing demand for road diesel by over 8%, according to a report by Wood Mackenzie.
Réduction demande diesel routier

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