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Tesla layoffs

Electroverse reaches one million public electric vehicle charging points worldwide
Octopus Energy’s Electroverse platform surpasses one million public electric vehicle charging points, strengthening its international presence with a subscription-free model available in 40 countries through a single payment card.
Norse Energi launch strengthens DEME’s offshore fleet
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.

Arctic Shipping Route: Commercial Opportunities and Technological Challenges for the Naval Sector

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.
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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.
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Carbon2Nature and Uría Menéndez launch reforestation of 90 hectares in Salamanca
MN8 Energy raises $575mn with Natixis CIB to strengthen its US solar debt
TNB, Petronas and Terengganu Inc launch green hydrogen hub and hybrid solar in Malaysia
Angola Opens a New Gas Chapter with the Discovery of the Gajajeira Field
Occidental Petroleum reduces production in the Gulf of Mexico in the second quarter
Stellantis launches Chinese electric city car in Europe
Stellantis introduces the Leapmotor T03, a Chinese electric model assembled in Poland, targeting the entry-level market in Europe with a competitive price and 265 kilometers of range.
Qair and Trapil join forces to optimize electromolecule distribution
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.
Pipeline Trapil

Norway world leader in automotive electrification towards a sustainable future

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.
Bornes de recharge électriques en Norvège
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.
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.

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.
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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.

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.
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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.

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.
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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.
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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

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