Empty forecourts and platforms at the Gare de l’Est railway station in Paris, on March 7, 2023, as fresh strikes and protests are planned against the government’s controversial pensions reform.
Christophe Archambault | Afp | Getty Images
Strike action over plans to raise the pension age in France caused widespread disruption on Tuesday, as trains came to a near-standstill, many schools were shut and fuel deliveries were blocked from refineries.
State railway operator SNCF warned passengers to cancel or postpone trips, if possible, while Eurostar advised ticket holders to check whether their train is running. Most metro services are also canceled, as are some flights from Paris’s Charles de Gaulle and Orly airports.
Unions are calling on French President Emmanuel Macron to scrap his plan to raise the retirement age from 62 to 64 and require workers to contribute into France’s shared pension fund for 43 years before receiving a full pension.
Macron has for years been looking to reform the pension system, which has a projected annual deficit of 10 billion euros ($10.73 billion) each year between 2022 and 2032, according to France’s Pensions Advisory Council. The move is fiercely opposed by much of the public.
More than a million people marched across the country in late January to oppose the plans. Union reps aim to get two million people onto the streets on Tuesday.
Unionists gather ahead of a strike vote at the Exxon-Mobil Port Jerome Gravenchon refinery, in Port-Jerome-sur-Seine, near Le Havre, northwestern France, on March 7, 2023.
Lou Benoist | Afp | Getty Images
Eric Sellini, a representative from the CGT union at TotalEnergies, told Reuters that a strike blocking the Gonfreville refinery in Normandy would run until Thursday. Another at the Donges refinery in western France is set to run until Friday, he added.
The blockages could cause a petrol shortage by the end of the week, head of French supermarket group Les Mousquetaires Thierry Cotillard said, according to BBC.
“Let’s bring France to a halt!” a coalition of unions said in a statement, branding the reforms “unacceptable and useless.”
Police protest outside the police station of Roubaix, northern France on March 7, 2023, on the sixth day of nationwide rallies organized since the start of the year.
Sameer Al-doumy | Afp | Getty Images
The strikes come as French workers grapple with red-hot inflation, which accelerated unexpectedly in February to hit 6.2% year-on-year.
Around two thirds of the public support protests against the pension reforms, according to an Elabe survey.
But with the number of people taking to the streets dipping in February, several unions have called for rolling, open-ended strikes to voice their opposition.
Macron will seek to pass his plan in parliament by the end of next month, but could also resort to using special constitutional powers to push them through. The latter move would risk triggering a vote of no confidence and new parliamentary elections, which he may gamble he can avoid.
Macron’s Renaissance party — formerly La République En Marche! — does not have an absolute majority in parliament, but is supported in the reforms by some members of the conservative Les Republicains.
Renaud Foucart, senior lecturer in Economics at Lancaster University, told CNBC’s “Squawk Box Europe” that he believed Macron had a much better chance of passing the law then he did when he suggested a more complex set of reforms four years ago.
“This reform is essential,” Alexandre Holroyd of the Renaissance political party told CNBC’s “Squawk Box Europe” last month, citing the extent of the projected deficit and the rise in life expectancy.
“It’s a difficult reform. Listen, we’re asking people to work more. We understand that this is difficult, but the responsible thing to do here is balance the books and make sure this great pension system that we have can survive for the next 40 years like it has for the last 40 years.”
Solid-state batteries have long been the holy grail of electric vehicles, especially for light EVs like electric bicycles that are usually charged indoors. They hold major safety benefits over traditional lithium-ion batteries, plus offer better energy density, making it possible to use smaller batteries or simply fit more capacity in the same-sized battery pack.
Solid-state batteries have spent decades being touted as five years away, but if you thought you’d have to keep waiting, then I’ve got news for you: yes, you still have to keep waiting.
However, in the meantime, semi-solid-state batteries are here and will be launched on their first production e-bike next month.
I had the chance to check out the batteries in person at EICMA 2025 when I visited with the company that makes them, T&D. The company was spun out of e-bike component maker Bafang (and founded by the same co-founder of Bafang, Sunny He) in order to move more in the direction of electric motorcycle component development.
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In addition to their drivetrain components, a significant portion of their R&D has also focused on semi-solid-state batteries, which contain a minimal amount of electrolyte compared to traditional lithium-ion batteries found in today’s e-bikes. With a fraction of the electrolyte material, these semi-solid-state batteries developed by T&D are more energy-dense and safer than traditional batteries. The cells can be stabbed through by a nail and won’t ignite – don’t try that with the battery on your current e-bike!
Whereas most e-bike batteries today have an energy density of around 150-250 Wh/kg, these new semi-solid-state batteries push the needle even further into the 250-350 Wh/kg ballpark, depending on the specific packaging.
The cells are also rated for long cycle lifespan, with an expected 1,500 charge cycles before reaching 70% of the original capacity. And with fast-charging support, those same cells can be recharged significantly more quickly.
T&D’s semi-solid-state batteries will roll out on their first production e-bike next month, though the company isn’t at liberty to announce which e-bike maker will land the title of first production electric bike with semi-solid-state batteries. Hopefully we’ll hear that announcement soon.
T&D is also known for its e-moto drivetrains. The company’s new Equator City commuter e-moped project, launched in collaboration with Dimentro, utilizes T&D’s swingarm-mounted motor system.
The drivetrain offers 11 kW of peak power, a 5 kWh high-capacity LFP battery, and supports a range of over 100 km (62 miles).
Other projects featuring T&D’s drivetrains at the booth included interesting examples such as a part go-kart, part tractor project that resembles a heavy-towing ATV.
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Ford’s CEO Jim Farley admitted he was humbled after tearing down the first Tesla and Chinese EVs. If it wants to compete globally, Ford can’t walk away from EVs altogether, so it’s planning to shake things up.
Ford can’t walk away from EVs, or it will lose to China
After taking apart a Tesla Model 3 and several electric vehicles from China for the first time, Farley said he was “very humbled” during a new episode of the Office Hours: Business Edition podcast.
The “shocking” revelation is what pushed Ford to overhaul its EV program. Ford is shifting its focus to smaller, more affordable EVs, which require smaller batteries and fewer materials.
Ford is promising its next-generation electric vehicles will be significantly more efficient and advanced than the current Mustang Mach-E and F-150 Lightning. Farley told host Monica Langley that the Mach-E had about 1.6 km of electrical wiring, which led to a larger battery.
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Ford’s CEO has warned several times now that Chinese EV makers pose an “existential threat” to Western brands, including itself.
Xiaomi SU7 (Source: Xiaomi)
After flying a Xiaomi SU7 from Shanghai to Chicago last year and driving it around for a few months, Farley even said he didn’t want to give it up.
“EVs are exploding in China,” Ford’s CEO said on the podcast, adding the Chinese government had its “foot on the economic scale” to promote electric vehicles.
Xiaomi SU7 production (Source: Xiaomi)
Although the US is facing headwinds with the $7,500 federal tax credit now expired and the Trump administration shifting policies, Farley admitted, “We can’t walk away from EVs, not just for the US, but if we want to be a global company, I’m not going to just cede that to the Chinese.”
Ford, like most automakers, is bracing for slower EV sales over the next few months. Farley said on the company’s third-quarter earnings call that he expects electric vehicles to account for just 5% of the US market in the near term.
The 2026 Ford F-150 Lightning STX (Source: Ford)
The “EV market in the US is totally different than we thought,” Farley explained during the podcast, adding buyers are looking for more affordable options rather than the “$70-80,000” EV.
To stay competitive, Ford is betting on its new low-cost EV platform, the Ford Universal EV Platform, which the company says will help unlock more affordable electric cars.
CEO Jim Farley presents the Ford Universal EV Platform in Kentucky (Source: Ford)
The first vehicle Ford plans to launch on the platform is a midsize electric pickup, starting at around $30,000. It’s expected to arrive in 2027. Ford will use lower-cost LFP batteries licensed from China’s CATL. They will be manufactured at Ford’s new plant in Michigan.
According to Lisa Drake, Ford’s vice president of tech platform programs and EV systems, the company intends to match the cost structure of leading Chinese brands.
In the meantime, Ford has paused production of its current electric pickup, the F-150 Lightning. A new report from The Wall Street Journal claims it’s now considering scrapping the EV pickup altogether.
The Mercedes GLB EV will be here in less than a month. With its debut just around the corner, Mercedes offered a first look at the new GLB EV’s interior, and yes, it’s loaded with massive screens.
First look at the new Mercedes GLB EV interior
Mercedes is putting the new electric GLB through the paces at the Mercedes Technology Center (MTC) in Singlefingen, Germany, ahead of its world premiere on December 8.
The testing is conducted in wind tunnels that range in temperature from -40 to 104 degrees Fahrenheit. Meanwhile, snow cannons shoot various types of snow while high-powered fans generate winds up to 124 mph, simulating fierce blizzard conditions.
Although it’s covered in snow, you can still see that the new EV version maintains a similar boxy design to the current gas-powered GLB.
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If you look a little closer, it appears to have a larger grille design, like the new GLC EV, which Mercedes said “redefines” the face of the brand.
Mercedes also unveiled the new GLB EV’s interior for the first time, which looks pretty similar to the GLC’s. The optional floating MBUX Superscreen is the highlight, extending the entire width of the dash.
The new Mercedes GLB EV during cold-weather testing (Source: Mercedes-Benz)
It also features Mercedes’ new multifunction steering wheel, which reintroduces a rocker switch for the cruise control.
Another new feature is the concave door handle design, which features a floating center panel that opens a storage space. The center console has a similar design, offering an optional wireless charging cradle and cup holders.
The interior of the new Mercedes GLB EV (Source: Mercedes-Benz)
Mercedes said the new SUV offers “noticeably more headroom for first and second row occupants” compared to its predecessor. It will offer standard seating for five, with the option to add a third row for seven.
According to Mercedes, the new GLB takes “interior climate comfort” to the next level. For example, the climate control heats up twice as fast as its predecessor during a 20-minute drive at 19 degrees Fahrenheit. Mercedes said that since it only requires half the energy of the current GLB, it helps maximize range.
We will learn more about the Mercedes GLB EV on December 8. Check back soon for updates.
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