Oops, I did it again. I bought another quirky, cheap, yet kind of awesome-looking electric vehicle on the Chinese mega-shopping site Alibaba. This time it was a five-seater electric boat.
Here’s how it happened.
You may or may not be familiar with my weekly tongue-in-cheek column The Awesomely Weird Alibaba Electric Vehicle of the Week. It’s a chance to take an eye-opening dumpster dive through the weirdest electric vehicles that Chinese engineers dream up and bring to life.
Usually, it’s just a window shopping exercise where I pluck something interesting out of the pile – like a ride-on backyard electric train. But occasionally I find something so fun-looking and so cheap that I just have to have it.
It certainly can’t hold a candle to the best premium electric boats on the market, but it will hopefully be good enough for some nice use on the lake and cruising the calm mangrove-lined rivers of Florida.
How our graphics guy imagines this Chinese electric boat would look in the Maldives, apparently…
Designing my electric boat
The first thing to decide on was the model. The factory that I found on Alibaba had a ton of options to choose from.
There were cute little two-seaters, massive 8-10 seaters, and everything in between.
I decided on the 14-foot (4.3 meter) flat-bottom boat you see below due to its compact size (and thus cheaper shipping) and its general utility.
It would be big enough to bring the family on, and also wouldn’t be too cramped if I just wanted to take it out with my wife. The two-seater options seemed like little dinghies, so this felt like the Goldilocks option.
I also really liked the front entry design, since I could just nose it in right on the bank of a lake or river even without a dock, making it easy for everyone to hop on and off. It could also likely serve as a nice swim platform. A short rope ladder mounted on the front cleats would be a great way to get back into the boat after taking a dip.
I spec’ed the boat with the factory, where I was communicating with Frank over the various details. I decided to have them build mine without batteries since I could pick those up stateside and wouldn’t have to worry about international shipping issues with lithium batteries.
The electric boat requires 24V, meaning I could go with a pair of 12V 100Ah LiFePO4 batteries. But to increase my range further and just give me some added peace of mind that I won’t have to use my emergency folding paddle, I plan to use a pair of 12V 200Ah batteries. At 12.8V, that will give me 5.12 kWh of battery.
Theoretically you could save a bit of cash by using lead acid marine batteries, but those are heavy as hell and also don’t last as long. I’d rather have the peace of mind of good-quality LiFePO4 that will surely outlive the boat itself.
The 12V 200Ah batteries I plan to use
The boat comes with a 500W motor, but the thing looks beefier than any 500W motor I’ve ever seen, so I think it should be plenty powerful.
It’s also a belt drive setup with an inboard motor, which is kind of funny because normally inboard motors are found in higher-end boats and sailboats. With an ICE setup, outboards are a simple and easy solution. But since this is an electric boat, I get to brag about my inboard and make it sound like a much fancier boat… until someone actually sees it.
The belt drive setup also means it will be very easy to upgrade in the future, which I plan to do. A larger motor might snag me a bit more speed.
The specs sheet says this electric boat can get up to 10 km/h (6 mph or 5.4 knots), but I think that’s probably with a single occupant. I don’t expect this to be a speed boat by any stretch of the imagination.
My motor mounted inside the ship’s hull
There were a number of different cleat options for me to choose from, from traditional to eyes, and several options for their placement.
I decided to delete the eye cleat that was right in the middle of the front entry because it seemed like a trip hazard.
I’ve found that when purchasing from China and designing a product, it helps to be as clear as possible with your instructions. Since they offered so many different cleat styles and placement options, I made the image below to send to the factory so they’d see exactly what I meant.
It helps to be as clear as possible with your instructions to the factory.
The last decision was color. Frank told me he could paint it any color I wanted, and could mix it up as well.
I decided on yellow for two reasons: I think it will pop nicely in the eventual YouTube thumbnail, and in the same token, if I ever break down in the middle of the channel, I’ll be nice and visible to oncoming boat traffic. Making it easy for the Coast Guard helicopter to spot me isn’t a bad thing either.
Hopefully that will never be an issue, but if I’m going to be a sitting duck, then I might as well be a yellow duck.
Buying an electric boat on Alibaba
My boat was now designed, and the last thing to do was pay for it. The boat itself was $1,080, but I nearly keeled over (c’mon, I get one!) when Frank told me the shipping price was over $3,000!
Sea freight ain’t cheap, especially in the waning months of the COVID-19 pandemic when everyone is having supply chain issues and ordering like crazy. He advised me that if I waited a bit, prices would likely come down since that had been the trend in container pricing over the last few months.
I waited and it turned out that Frank was right. Each week the price dropped a bit. After a few months it was around $2,000 and I decided to go for it. That’s still twice the price of the boat itself, but I didn’t want to wait any longer. and I also wanted to make sure the boat arrived for prime boating season in winter (when Florida is actually super nice to be in).
I paid a down payment of 30%, and Frank got to work building my boat. He showed me pictures of the partially assembled boat several weeks later, and eventually the boat was finished. I paid the final 70% of the balance and Frank got my little boat on a bigger boat.
Progress picture of my boat during production
I chose to do LCL shipping (less than a container load) because it was the most economical. Basically, that means my boat goes in a shipping container with everyone else’s stuff that also chose LCL shipping. We all split the price of the container and we actually get a pretty good price because the container is packed efficiently and the cost divvied up among all of us. I had to wait a few more days, but my container was finally packed and it was on a ship.
After my electric boat was ready, but before it was packed though, I had a video call with Frank to see the boat up close. It was great to see a live view of the boat and to get a walk-around with an explanation of the parts.
I also got a little tour of the other awesome boats in Frank’s factory, which include a smattering of weird, silly, normal, and surprisingly high-quality boats. He even has some boats with enclosed cabins. I made a whole video of it if you want to check it out.
Screengrab from my video-chat video with the factory after my boat was ready.
What comes next?
Frank packaged up my boat in a massive wooden shipping crate, which I fully expect to be harder to open than I would like.
The boat itself is now on the water, having already passed through the Panama Canal and en route to the US East Coast. For those that live on the US West Coast and are balking at the shipping price I paid, understand that it would have been a good bit cheaper to ship to California since it’s a straight shot from China and you don’t have a couple of continents and one expensive canal in the way.
Now I’m waiting for my boat to arrive so I can get it through customs and then trucked over to my parent’s place in Florida. Customs is always a crapshoot in terms of how quickly it goes through. In this case, the boat is electric and so I don’t have to deal with any EPA certifications on a boat engine. And since I shipped it without batteries, I don’t have to worry about those certifications either. So with any luck, it will slide through fairly smoothly and the duties will be minimal. Even with import taxes, how much can they be on a $1,000 boat?
The last step will be to register it in Florida. I’ll add some life jackets, an emergency paddle or two, navigational lights, and a few other bits and pieces. I’m also planning to put around 500W of solar panels on the canopy too, which should give it nearly as much charging power as it is draining, making it capable of infinite range (when the sun is out, at least).
Meanwhile I’m looking for a used trailer so I can move it around, and I’m still trying to decide on a name for the boat. I’m partial to Current Affair, but if you have any good electric boat puns for the name then I’m all ears. One of my YouTube subscribers suggested Sunny Side Up, so that’s the high point to beat.
Once the boat arrives and I get a chance to test it out, I’ll be sure to update you all on how it looks and, of course, I’ll share the maiden voyage. The first “sea trials” will likely be in a private 1-acre lake, but assuming it stays hull-down and generally above the water then I’ll be taking it to a river that feeds out into a nice little bay with beautiful mangroves and plenty of manatees and dolphins.
I don’t think I’ll plan to take it out of the bay into the Gulf of Mexico. It could do it, but the little boat probably wouldn’t have the power to fight the strong current required to make it back into the bay. I’ve done it in a kayak before and was probably using all of my own 500W of Wheaties power in a much lighter boat to fight the current at the inlet.
But hey, if I do get swept out into the Gulf, then at least I’ll be in a bright yellow boat! Why make the Coast Guard’s job any more difficult?
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Tesla is gearing up to start selling its upcoming Tesla Semi electric truck in Europe with a new hire to develop the market.
Tesla Semi is finally about to go into volume production in the US after being unveiled almost a decade ago.
The vehicle was unveiled in 2017 and was initially scheduled to enter production in 2019; however, the automaker delayed the program on several occasions.
Tesla unveiled a “production version” in 2022, but it was only produced in small batches. The Class 8 electric truck remains a rare sight in the US, with only a few dozen units in the hands of a handful of customers and a few more in Tesla’s internal fleet.
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Photo: PepsiCo
In January 2023, Tesla announced an expansion of Gigafactory Nevada to build the Tesla Semi in volume.
However, that plan was also changed and delayed. Tesla ultimately built a separate factory adjacent to Gigafactory Nevada, and production was delayed until 2025.
Now, we learn that Tesla is starting to build an organization to sell the Tesla Semi in Europe.
Electrek found that Tesla hired a new leader to head business development for Tesla Semi in Europe.
Usuf Schermo announced on his LinkedIn last week that he joined Tesla as “Head of Business Development EMEA for Tesla Semi.”
Schermo, who holds a master in economic engineering, energy and ressources management from TU Berlin, has some experience with commercial electric vehicles.
He was the head of sales in Germany for Volta Trucks from 2022 to 2024. The company made the Volta One, a 16-tonne electric truck aimed at city deliveries.
For the last year, Schermo has been leading sales for EVUM aCar, a German startup building a small commercial vehicle.
Now, he will develop the market for Tesla’s class 8 electric truck.
The European electric commercial truck market is much developed in the US with already some significant competition from Volvo with the Volvo FH Electric, Mercedes-Benz with the eActros 600, MAN with the eTGX, and several others.
The market is still young, but Volvo is already emerging as a leader with an estimated more than 3,000 electric trucks in operations in Europe.
With production only starting in the US toward the end of the year, Tesla is not likely to have an homologated version of the Tesla Semi in Europe until later in 2026.
Tesla has already announced plans to build the Tesla Semi in Europe at Gigafactory Berlin.
I keep saying to Tesla fans that hate me: I track both Tesla hires and departures. I try to report on both, but the former are much more scarce than the latter these days.
This is one of the few significant hires of the last years at Tesla and say “significant” because it shows Tesla is preparing to sell the Tesla Semi in Europe because this is clearly not an executive level role.
Over the last year and since the great purge of talent in April 2024, Tesla has almost been exclusive promoting from within at higher director and VP levels rather than hire from outside.
As for the Tesla Semi in Europe, it could work. Like I said, there’s already a lot of competition, but Tesla Semi is expected to have a longer range than everything else, which should attract buyers.
It could particularly useful for Gigafactory Berlin, which is at a real risk right now with Tesla’s sales crashing in Europe. Producing a new vehicle program there, and a commercial one that rely less on consumer perception, could help increase factory utilization.
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An Islamic Revolutionary Guard Corps speed boat sailing along the Persian Gulf during the IRGC marine parade to commemorate Persian Gulf National Day, near the Bushehr nuclear power plant in the seaport city of Bushehr, in the south of Iran, on April 29, 2024.
Nurphoto | Nurphoto | Getty Images
Some shipowners are opting to steer clear of the strategically important Strait of Hormuz, according to the world’s largest shipping association, reflecting a growing sense of industry unease as the Israel-Iran conflict rages on.
Israel’s surprise attack on Iran’s military and nuclear infrastructure on Friday has been followed by four days of escalating warfare between the regional foes.
That has prompted shipowners to exercise an extra degree of caution in both the Red Sea and the Strait of Hormuz, a critical gateway to the world’s oil industry — and a vital entry point for container ships calling at Dubai’s massive Jebel Ali Port.
Jakob Larsen, head of security at Bimco, which represents global shipowners, said the Israel-Iran conflict seems to be escalating, causing concerns in the shipowner community and prompting a “modest drop” in the number of ships sailing through the area.
Bimco, which typically doesn’t encourage vessels to stay away from certain areas, said the situation has introduced an element of uncertainty.
“Circumstances and risk tolerance vary widely across shipowners. It appears that most shipowners currently choose to proceed, while some seem to stay away,” Larsen told CNBC by email.
“During periods of heightened security threats, freight rates and crew wages often rise, creating an economic incentive for some to take the risk of passing through conflict zones. While these dynamics may seem rudimentary, they are the very mechanisms that have sustained global trade through conflicts and wars for centuries,” he added.
In 2023, oil flows through the waterway averaged 20.9 million barrels per day, according to the U.S. Energy Information Administration, accounting for about 20% of global petroleum liquids consumption.
The inability of oil to traverse through the Strait of Hormuz, even temporarily, can ratchet up global energy prices, raise shipping costs and create significant supply delays.
Alongside oil, the Strait of Hormuz is also key for global container trade. That’s because ports in this region (Jebel Ali and Khor Fakkan) are transshipment hubs, which means they serve as intermediary points in global shipping networks.
The majority of cargo volumes from those ports are destined for Dubai, which has become a hub for the movement of freight with feeder services in the Persian Gulf, South Asia and East Africa.
Peter Tirschwell, vice president for maritime and trade at S&P Global Market Intelligence, said there have been indications that shipping groups are starting to “shy away” from navigating the Strait of Hormuz in recent days, without naming any specific firms.
“You could see the impact that the Houthi rebels had on shipping through the Red Sea. Even though there [are] very few recent attacks on shipping in that region, nevertheless the threat has sent the vast majority of container trade moving around the south of Africa. That has been happening for the past year,” Tirschwell told CNBC’s “Squawk Box Asia” on Monday.
“The ocean carriers have no plans to go back in mass into the Red Sea and so, the very threat of military activity around a narrow important routing like the Strait of Hormuz is going to be enough to significantly disrupt shipping,” he added.
Israel-Iran conflict lifts freight rates
Freight rates jumped after the Israeli attacks on Iran last week. Indeed, data published Monday from analytics firm Kpler showed Mideast Gulf tanker freight rates to China surged 24% on Friday to $1.67 per barrel.
The upswing in VLCC (very large crude carrier) freight rates reflected the largest daily move year-to-date, albeit from a relative lull in June, and reaffirmed the level of perceived risk in the area.
Analysts at Kpler said more increases in freight rates are likely as the situation remains highly unstable, although maritime war risk premium remains unchanged for now.
Missiles launched from Iran are intercepted as seen from Tel Aviv, Israel, June 16, 2025.
Ronen Zvulun | Reuters
David Smith, head of hull and marine liabilities at insurance broker McGill and Partners, said shipping insurance rates, at least for the time being, “remain stable with no noticeable increases since the latest hostilities between Israel and Iran.”
But that “could change dramatically,” depending on whether there is escalation in the area, he added.
“With War quotes only valid for 48 hours prior to entry into the excluded ‘Breach’ area, Underwriters do have the ability to rapidly increase premiums in line with the perceived risk,” Smith told CNBC by email.
The Hapag-Lloyd AG Leverkusen Express sails out of the Yangshan Deepwater Port, operated by Shanghai International Port Group, on Aug. 7, 2019.
Bloomberg | Bloomberg | Getty Images
A spokesperson for German-based container shipping liner Hapag-Lloyd said the threat level for the Strait of Hormuz remains “significant,” albeit without an immediate risk to the maritime sector.
Hapag-Lloyd said it does not foresee any bigger issues in crossing the waterway for the moment, while acknowledging that the situation could change in a “very short” period of time.
The company added that it has no immediate plans to traverse the Red Sea, however, noting it hasn’t done so since the end of December 2023.
— CNBC’s Lori Ann LaRocco contributed to this report.
China’s EV automakers have surged ahead of the competition in global EV sales, and a new report shows just how far ahead they are.
The International Council on Clean Transportation (ICCT) just dropped its third annual Global Automaker Rating, showing that Chinese carmakers dominate the zero-emission vehicle (ZEV) space. China now accounts for over 11 million EVs sold annually – over half of global EV sales.
Its massive domestic market has helped Chinese automakers build serious momentum. They’ve scaled up, improved tech, and are now setting the pace globally. Companies like Geely and SAIC have already hit 50% EV sales share, meeting their 2025 targets a full year early. In fact, Chinese automakers took the top five spots for ZEV class coverage, and five out of the top six for EV sales share.
Meanwhile, automakers in the US and Europe are trying to catch up. But they’re facing a dual challenge of falling behind on tech while navigating shaky regulatory environments.
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The report also confirmed a big milestone: In 2024, BYD officially surpassed Tesla in global battery electric vehicle (BEV) sales for the first time. BYD’s BEV sales jumped 25%, and its combined BEV and plug-in hybrid sales climbed an impressive 47% year-over-year. Still, both BYD and Tesla remain in the “Leaders” category.
Automakers boosted energy efficiency, charging speed, and driving range thanks to newer, high-performance models.
“Our assessment revealed widespread improvement in BEV technology performance across the industry,” said Zifei Yang, ICCT’s global passenger vehicle lead. “GM and Honda made significant advancements by introducing high-performance models to their previously limited offerings, while companies like Geely, Chang’an, and Chery improved substantially with new high-performance EV lines.”
India’s Tata Motors also hit a turning point. For the first time, it graduated from ICCT’s “laggard” group to “transitioner,” thanks to new EVs and big moves on battery recycling and repurposing. While Japanese and South Korean automakers are still lagging behind, Honda and Nissan are inching forward. Honda launched its first US BEV, and Nissan finally clarified its ZEV targets.
One newer addition to this year’s report: a green steel metric. Since steel is the second-largest source of emissions in vehicle manufacturing (after batteries), ICCT now tracks which automakers are cutting emissions in the supply chain. European brands like Mercedes-Benz, BMW, and VW earned high marks for sourcing renewable-powered green steel.
ICCT’s CEO, Drew Kodjak, summed it up: “The rapid evolution of the EV market in China has created technological and manufacturing advantages for companies there. For the wider global auto industry, this is no longer just about meeting future goals – it’s about remaining competitive today in a market that’s charging up.”
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