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The CEO of energy technology firm Baker Hughes has outlined what he feels are key points related to the energy transition amid deepening concern about rising gas prices and the knock-on effects this could have in the months ahead.

In an interview with CNBC’s Dan Murphy at the Gastech conference in Dubai, United Arab Emirates earlier this week, Lorenzo Simonelli was asked whether soaring gas prices were likely to be transitory or if he expected wider implications for consumers, markets and the broader economy.

“I think a lot of people are seeing what’s happening in Europe and it’s bringing to light the important discussion around the energy transition, and the importance that we have around gas as well,” he said.

It was still early to see if prices would remain high or if this rise was transitory, he said.

Benchmark European gas prices have jumped over 250% since the start of the year, Reuters reported this week.

The reasons for the spike are varied. The influential, yet typically conservative, International Energy Agency said on Tuesday that surging European gas prices had “been driven by a combination of a strong recovery in demand and tighter-than-expected supply, as well as several weather-related factors.” 

“These include a particularly cold and long heating season in Europe last winter, and lower-than-usual availability of wind energy in recent weeks,” it said.

IEA Executive Director Fatih Birol said given that the reasons behind the price rise were multifaceted, it would be “inaccurate and misleading to lay the responsibility at the door of the clean energy transition.”

Birol’s statement would appear to contrast views expressed by figures such as OPEC Secretary General Mohammed Barkindo. Barkindo told CNBC on Tuesday that soaring gas prices were the cost of the attempted shift to renewable energy sources.

“I have talked about a new premium that is emerging in the energy markets that I term the transition premium,” Barkindo said.

The effect of the gas price rise is already being felt on the ground. In the U.K., for example, it has caused a number of small energy suppliers to go bust. 

“We need energy security,” Baker Hughes’ Simonelli said. “And look, there’s plenty of gas around the world, there’s plenty of energy available,” he added. “It’s a question of bringing it to the market.”

On the energy transition — a term referring to a move from fossil-fuel based sources to ones such as solar and wind — Simonelli sought to highlight a number of issues he felt were important.

“We think there’s three hard truths,” he said. “Firstly, we’ve got to work together, accelerate the move towards decarbonization and also eliminating emissions.”

“Secondly, hydrocarbons are here to stay … and natural gas, in fact, is a key element. And thirdly, we’ve got to do it together, collaborate and actually adopt the new technologies that are available.”

Burning fossil fuels, such as oil and gas, is the chief driver of the climate emergency. And despite policymakers and business leaders repeatedly touting their commitment to net zero strategies, the world’s fossil fuel dependency is expected to get even worse in the coming decades.

None of the world’s major economies are currently on track to contain global heating to the Paris Agreement target of 1.5 degrees Celsius, according to a study published by Carbon Action Tracker earlier this month, while separate research shows the vast majority of the world’s known fossil fuel reserves must be kept in the ground to have some hope of preventing the worst effects of climate change.

The role of natural gas

The current crisis surrounding the price of gas has reinforced its continuing significance, even as major economies such as the U.K., European Union and U.S. outline plans to move away from fossil fuels in the years ahead.

Indeed, in its statement issued Tuesday, the IEA said gas remained “an important tool for balancing electricity markets in many regions today.”

“As clean energy transitions advance on a path towards net zero emissions, global gas demand will start to decline, but it will remain an important component of electricity security,” the Paris-based organization added.

In his interview with CNBC, Simonelli was asked about the role gas would play in the race to net zero. “You just have to look at Europe and look at the United States with regards to the way they’ve been successful in the last decades to actually reduce their CO2 emissions,” he said.

“You’ve seen a shift from coal to natural gas and that’s going to continue as you look at it from an emissions profile,” he said. “So, you can reduce the footprint of natural gas from an emissions standpoint. It is already one of the most efficient fuels and we think it’s here to stay.”

— CNBC’s Natasha Turak contributed to this report

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Chevy lowers Equinox EV prices with a new 0% financing offer

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October 28, 2025

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Chevy lowers Equinox EV prices with a new 0% financing offer

Chevy-Equinox-EV-financing

GM’s most affordable electric SUV just got a bit cheaper. Chevy introduced a new 0% financing offer on the 2026 Equinox EV, knocking about $4,000 off the price.

2026 Chevy Equinox EV financing offers

The electric Chevy Equinox is already one of the most affordable EVs you can get your hands on, with starting prices under $35,000.

Although the 2026 Chevy Equinox EV starts at $36,495, $1,500 more than the 2025 model year, Chevy is making up for it with its latest promo.

Chevy introduced a new 0% financing offer for 60 months on all 2026 Chevy Equinox EV trims last Friday. That’s a drastically lower rate than the previous 3.9% APR it was offering. According to online auto research firm CarsDirect, the rate cut could save you about $4,000 on a $40,000 loan.

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For comparison, Tesla is advertising a 3.99% APR financing rate for the Model Y Standard, which starts at $39,990.

You might even be able to finance the $44,000 RS trim for less than the Model Y. The sporty trim offers an upgraded design with 21″ black wheels, a blacked-out grille, and other RS-exclusive features.

Chevy-Equinox-EV-financing
Chevy Equinox EV RS (Photo: Chevrolet)

GM also extended the $1,250 conquest bonus to the 2026 Equinox EV. It’s available for those who own or lease a non-GM vehicle that’s at least a 2011 model year.

The 2026 Chevy Equinox EV starts at $36,495 with up to 319 miles of range, including a $1,395 destination fee. You can upgrade to AWD for an extra $5,300. The AWD variants offer up to 307 miles of range.

Chevy-Equinox-EV-financing
Chevy Equinox EV RS interior (Source: Chevrolet)

All 2025 model year Chevy electric vehicles, including the Equinox, Blazer, and Silverado, are available with 0% financing for 60 months.

Chevy Equinox EV trim 2025 Starting Price 2026 Starting Price EPA-estimated Range
LT 1 FWD $34,995 $36,495 319 miles
LT 1 AWD $38,295 $39,795 307 miles
LT 2 FWD $43,295 $43,295 319 miles
LT 2 AWD $46,595 $46,595 307 miles
RS FWD $44,795 $45,595 319 miles
RS AWD $48,095 $48,895 307 miles
2025 and 2026 Chevy Equinox EV price and range by trim (Including $1,395 destination fee)

You can also score a $3,000 Customer Cash bonus on the 2025 Chevy Equinox EV, plus the $1,250 conquest offer. The 2025 Chevy Blazer EV is available with $3,500 in Customer Cash and a $1,250 conquest bonus.

With an affordable price and over 300 miles of driving range, the electric Chevy Equinox has become the third-most-popular EV in the US, trailing just the Tesla Model Y and Model 3.

Want to check out Chevy’s electric vehicles for yourself? You can use our links below to find Chevy Equinox, Blazer, and Silverado EVs at a dealership near you.


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Anker launches SOLIX C2000 Gen 2 station starting from $749, save up to $1,116 during Tenways’ early Black Friday e-bike sale, more

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October 28, 2025

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Anker launches SOLIX C2000 Gen 2 station starting from 9, save up to ,116 during Tenways' early Black Friday e-bike sale, more


Headlining today’s Green Deals is the official launch of Anker’s new SOLIX C2000 Gen 2 Portable Power Station and bundles that start at $749 for folks who took advantage of the early-bird savings promotion, while everyone else can score them starting from $799. We also have Tenways’ Early Black Friday Sale with up to $1,116 in savings on e-bikes, as well as select 50% off Power Bank (range extender) bundle options – all starting from $1,499. From there, we have exclusive Bluetti Halloween Sale deals on the Apex 300 Versatile Power Station and bundles starting from a new $1,349 low, as well as lawncare equipment from Worx and Greenworks, first savings on VIOFO’s new A229 Ultra dash cams, and more ongoing favorites waiting for you below. And don’t forget about the hangover deals from last week that are collected together at the bottom of the page, like yesterday’s Aventon Level 3 Smart Commuter e-bike early Black Friday savings, EcoFlow’s latest 48-hour Halloween flash sale that ends tonight, and more.

Head below for other New Green Deals we’ve found today and, of course, Electrek’s best EV buying and leasing deals. Also, check out the new Electrek Tesla Shop for the best deals on Tesla accessories.

man and woman sitting by lake with Anker SOLIX C2000 Gen 2 power station connected to RV

Anker officially launches new SOLIX C2000 Gen 2 power station and bundles with up to 50% savings from $749

Anker has officially launched its new SOLIX C2000 Gen 2 Portable Power Station with up to $1,100 savings, unless you subscribed ahead of time to receive the code that allows for additional savings from the brand’s direct website. For folks who missed out on the early-bird deals, you can pick up the power station on its own for $799 shipped, which is also matching in price over at Amazon. It will normally fetch $1,499 at full price once these launch deals end, with the folks who subscribed and scored the code ahead of time getting an additional $50 off the price for $749 shipped. These are the very first savings of $700 and $750 off the going rate, setting the bar for future deals. Head below to learn more about this station’s capabilities, as well as get the full lineup of bundle deals we’re seeing both from the brand’s website and Amazon.

Coming as a remodeling of the legacy F2000 model, Anker’s new SOLIX C2000 Gen 2 power station brings more power and faster charging within a smaller and lighter form factor. It’s base LiFePO4 battery capacity starts at 2,048Wh and can be expanded up to 4,096Wh with the expansion battery bundle below. Through its 11 output ports (five ACs, one TT-30R RV port, three USB-Cs, one USB-A, and a car port) it delivers up to 2,400W of power that can surge up to 4,000W, which beats out its predecessor by 400W.

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Anker’s SOLIX C2000 Gen 2 comes with six primary recharging methods, including an AC outlet (88 minutes for 100%), a gas generator (88 minutes for 100%), up to 800W of solar input (three hours for 100%), using both AC and solar simultaneously (58 minutes for 100%), your car’s auxiliary port (23 hours for 100%), or with the brand’s new 800W alternator charger.

***Note: The prices below do not factor in the early-bird savings code you should have received by subscribing ahead of this launch, so be sure to use it at checkout for even lower rates!

Anker SOLIX C2000 Gen 2 launch deals:

If you’re looking for something more compact, you can still score Anker’s PowerCore Reserve 60,000mAh/192Wh power station down at $80 right now. There’s also the brand’s Halloween Sale that is offering up to 63% discounts on units, with camping-ready solutions starting from $398, while we’re also seeing returning low prices on the SOLIX F3000 power station and bundles starting from $1,399, as well as the F3800 Plus power station and bundles starting from $2,599.

man and woman sitting on beach at night next to Tenways CGO600 Pro e-bikes

Get up to $1,116 early Black Friday savings on Tenways e-bike bundles starting from $1,499

Tenways has launched its Early Black Friday Sale, with up to $600 in savings on e-bikes alongside 50% off accessories, including the ongoing $1,116 savings on the AGO X All-Terrain Mid-Drive e-bike that gets a FREE Power Bank (range extender). Among the other deals we’re seeing, you can find Tenways’ CGO600 Pro Lightweight Commuter e-bike (both the chain and belt drives) with $118 in FREE add-on gear at $1,499 shipped – plus, you can add on a Power Bank (range extender) at 50% off on the page. Normally going for $1,899 in full, we’ve mostly been seeing the price taken down to $1,599 since March due to tariff hikes, with occasional falls lower to $1,499 for short timeframes. While we have seen it go lower in the past pre-tariff market, the deal here is a solid $400 price cut lending to a total $518 in savings ($672 if you add the Power Bank) that is the best price we’ve seen in our post-tariff market. You can also score an additional $150 off when buying two e-bikes together, with the usual medical provider, first responder, teacher, or military member discounts available too.

If you want to learn more about these particular e-bikes, as well as browse the full lineup of deals, be sure to check out our original coverage of this Early Black Friday Sale here.

father and daughter at camping table surrounded by lights powered by Bluetti Apex 300 power station

Bluetti offers up to 47% exclusive Halloween savings on its Apex 300 series starting from new $1,349 low

As part of its newly launched Halloween Sale, and running parallel to the ongoing exclusive Pioneer Na(Sodium) power station launch savings, we are seeing lower-than-ever pricing on the brand’s Apex 300 Versatile Power Station and its bundles. Prices start from $1,349.10 shipped for the power station alone, after using the exclusive code 9TO5TOYS10F at checkout (and which only works for this series). It’s been carrying a $2,399 MSRP since releasing in May, though we’ve regularly had exclusive deals for our readers that take significantly more off the tag. We spotted this station previously dropping down the lowest three weeks ago during Prime Day, when it hit $1,394, but that rate is beaten out here by $45, giving you a total $1,050 savings at the best price we have tracked.

If you want to learn more about this power station series, or see the full lineup of offers, be sure to check out our original coverage of these exclusive deals here.

man converting the Worx 20V 10-inch cordless chainsaw into a pole saw

Worx’s 20V 10-inch cordless chainsaw gains extended reach with the pole attachment for $130

Amazon is offering the versatile Worx 20V 10-inch Cordless PowerShare Pole/Chainsaw Kit at $129.99 shipped. While it carries a $190 MSRP directly from the brand, it’s been keeping to $158 at full price here, with discounts mostly dropping costs between $140 and $130, though we did spy a one-time drop to $102 back in February. Aside from the early-year deal, you’re getting the next-best price that we have tracked over 2025, with $28 cut from Amazon’s going rate (and $60 off the MSRP).

If you want to learn more about this handy 2-in-1 tool, be sure to check out our original coverage of this deal here.

man mowing front lawn with Greenworks 80V 21-inch cordless self-propelled SmartCut Lawn Mower

Best Fall EV deals!

Best new Green Deals landing this week

The savings this week are also continuing to a collection of other markdowns. To the same tune as the offers above, these all help you take a more energy-conscious approach to your routine. Winter means you can lock in even better off-season price cuts on electric tools for the lawn while saving on EVs and tons of other gear.


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Tesla signals Cybercab might actually get a steering wheel

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October 28, 2025

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Tesla signals Cybercab might actually get a steering wheel

Tesla Robotaxi

Tesla’s chairwoman said that the automaker might redesign the Cybercab, specifically add a steering wheel and pedals.

Last year, Tesla unveiled the Cybercab, a two-seater electric car without a steering wheel or pedals.

Musk was quoted during the design of the Cybercab:

No mirrors, no pedals, no steering wheel. Let me be clear. This vehicle must be designed as a clean robotaxi. We’re going to take that risk…But we are not going to design some sort of amphibian frog that’s a halfway car. We are all in on autonomy.

Here’s the interior of the Tesla Cybercab:

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The vehicle was one of several new, cheaper electric vehicles that Tesla was developing for its new ‘unboxed’ platform, but CEO Elon Musk canceled the others, believing they wouldn’t be needed with the advent of autonomous driving.

However, Tesla has yet to solve unsupervised autonomous driving, and Musk has been consistently wrong about predicting when it will happen.

Tesla plans to bring the Cybercab to production in 2026, and during Tesla’s earnings call last week, Musk said the Cybercab will account for the bulk of Tesla’s upcoming production growth.

That’s not going to happen if Tesla hasn’t solved unsupervised self-driving.

Furthermore, while federal regulations for self-driving vehicles have been relaxed recently, there’s only an exemption available for 2,500 passenger vehicles without a steering wheel or pedals per manufacturer per year.

Now, Tesla chairwoman Robin Denholm said in an interview with Bloomberg today that Tesla plans to add a steering wheel and pedals to the Cybercab if needed:

“If we have to have a steering wheel, it can have a steering wheel and pedals.”

Tesla is currently setting up Cybercab production at Gigafactory Texas near Austin.

The automaker has framed the vehicle as a cheaper alternative to Model Y for its Robotaxi service.

Electrek’s Take

Just yesterday, I was talking to my friend Bastien, and he called it. He told me he bets Tesla does launch the Cybercab next year, but with a steering wheel and pedals.

Now, let’s be clear. As of today, Tesla’s need for a steering wheel and pedals in the Cybercab is not driven by regulators, as Denholm suggests.

Tesla hasn’t solved unsupervised self-driving as evidenced by the current version of ‘Full Self-Driving (Supervised)’ in consumer vehicles, and its Robotaxi service still has safety monitors.

If Tesla wants to produce and deliver the Cybercab in any significant volume, it would need a steering wheel.

The regulations are just an excuse as of now.

It could change in the future, but for now, Tesla’s technology is without a doubt the limiting factor.


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