Denmark reaches 97% EV market share, offering a glimpse at what the finished transition looks like, while GM retreats from battery manufacturing and Ford prices a pickup that could actually sell.
Denmark's latest monthly new-car data shows 97% of private buyers chose electric, matching Norway's long-standing peak and making it the second country to cross that threshold.
General Motors sold its stake in the Ultium Cells Indiana factory back to Samsung SDI, walking away from a joint venture it had positioned as the backbone of its EV supply chain.
Ford set pricing for its Fathom electric pickup, positioning it below the Cybertruck and F-150 Lightning on a value-per-range basis and targeting buyers priced out by existing electric trucks.
Tesla burned through its entire California MyFirstEV rebate allocation within five days of the round opening, leaving other brands' buyers waiting as Tesla dominates the state's incentive pool.
Chinese manufacturers unveiled battery-electric mining trucks using sodium-ion packs, designed for deep-mine environments where lithium-ion chemistry presents thermal management risks and replacement logistics are difficult.
CATL announced that its battery pack designed for electric aircraft passed a critical aviation safety certification test, moving the cell chemistry closer to commercial use in air mobility applications.