China’s CATL profit surges 42% as battery sales and expansion boost global lead
CATL reports a 42% increase in profits driven by rising battery sales and market expansion.
Toyota Achieves Record Sales in Europe. Electrification Drives Results
In 2025, Toyota recorded a 5% increase in sales of electrified vehicles in Europe, highlighting a strong demand for battery electric and plug-in hybrid cars.
Only seven new petrol-powered cars sold in Norway in January
Norway recorded the sale of only seven new petrol cars in January, highlighting a significant shift towards electric vehicles with over 2,000 battery electric vehicles sold during the same period.
Cybertruck sales disappoint, battery contract cut by 99%
Tesla's Cybertruck is failing to meet sales expectations, with projected sales for 2025 estimated to be below 20,000 units, leading to a drastic reduction in a crucial battery supply contract from billions to just $6,776.