As the UIM E1 World Championship Series gears up to kick off its first-ever electric boat racing season later this year, it has offered a Q&A with its cofounder and CEO Rodi Basso, who shares several progress updates. With at least eight teams expected to compete in season one, we are certain to see the series grow soon and now have a better idea of what continents the electric boats will be racing on in 2023.
If you haven’t heard of it yet, the UIM E1 World Championship is a nascent electric boat racing league created by Formula E and Extreme E founder, Alejandro Agag, and Rodi Basso – a former director of Motorsport at McLaren with a background in Formula 1 engineering.
We’ve been following this upcoming league’s progress since early last year when it began testing of the all-electric foiling boats its teams will be racing in, called RaceBirds. The E1 team has explained that its inaugural season will consist of 8 to 12 teams representing various cities and countries around the world, competing across 10 different marine tracks in various climates.
So far, we have three official E1 teams in place – Team Venice, Team Mexico owned by Formula 1 driver Sergio Perez, and the latest team to join – Team Spain, owned by Tennis legend Rafael Nadal. These big names bring attention to the budding racing league, but E1 is still five teams short of having an actual series.
According to E1’s cofounder, there are plenty of talks with big names going on and in order to remain sustainable, the electric boat racing league won’t travel around as much in its first season.
E1 cofounder and CEO Rodi Basso / Credit: E1
Inaugural E1 season will be racing in Europe and Middle East
In the league’s latest blog post, CEO Rodi Basso participates in an extensive interview, discussing everything from Rafa and Perez signing on, to the progress of the RaceBird electric boats, and plans for this coming season.
When speaking to the need for at least eight teams, Basso elaborated on the number of inquiries from potential owners, including names from sports, entertainment, motorsports, and even entrepreneurs – all looking to establish a team that represents a particular area or city. He went on:
Of course there’s a strategy behind the decision who to partner with, however, it’s our vision and mission first and foremost that is enabling us to attract high-profile sports personalities like Nadal and Perez. Having a clear purpose matters to people and our purpose is to accelerate electrification in the marine industry. Just like our electric cousins at Formula E and Extreme E have done in the automotive industry, we’re trying to do the same with recreation and leisure boats. Taking this approach with having recognisable team owners, it allows us to dramatically expand our reach and grow E1’s fanbase.
When asked about the progress of RaceBird development, Basso explained that everything remains on track for the start of the first E1 racing season. He went on to say that the boats themselves have already broken a top speed of 50 knots (57.5 mph), which was its original target.
That said, Basso said E1 is only planning to have one group of RaceBirds for season 1 and a second group of electric racing boats ready to join for season 2. Due to this fact, plus the league’s goal to limit its carbon footprint, E1 plans to compete across just two continents this year before expanding in its second season. Basso explains:
Given we’ll be shipping the RaceBirds and freight around the world to reduce our footprint, it restricts us to racing in two regions of the world in Season 1. The focus for the first season will be to host races in the Middle East and Europe, and then expanding out further to North America and Asia in Season 2. E1 is a World Championship and we’re getting a lot of interest from a number of cities. Some conversations are well advanced and we should be ready to publish the provisional calendar soon.
Another method of combating freight emissions is to establish hubs around the globe where the RaceBirds and their respective equipment can be stored. E1’s CEO says that’s the plan for future racing seasons, and hub conversations are already underway in Venice, Florida, and Asia – hinting to where we may see electric boat competitions in the future, at least in North America.
Lastly, Basso spoke to E1’s racing format, which is still expected to be a knockout competition in its first season. He explained that the championship series is also targeting a unique time of day to compete to attract as many spectators as possible:
We’re still keen on pursuing the knockout style format. Not only is it exciting, I think it naturally lends itself to the characteristics of racing on water. Head-to-head races and multiple sprint races will offer a continuous dose of adrenaline for fans locally or those following the action on TV. We’re also taking a similar path to Extreme E with teams having mixed gender pilots. This format means each pilot has plenty of time behind the wheel and each can contribute to the success of the team. Races will be in the late-afternoon and there will be more activities happening around the event into the evening. This will allow E1 to become more of a ‘city event’ that appeals to as many people as possible.
While we’ve gotten plenty of exciting updates about the first-ever E1 racing season, we still do not know when it will begin. Basso once again said “later this year,” adding that the series is targeting one race per month through to autumn next year. Ten races, ten months, well into 2024 – we’d wager the UIM E1 World Championship will begin season 1 pretty late into 2023.
Before then however, E1 has already inked a deal to race multiple electric boats as a launch event to season 1 during World Port Days in Rotterdam, Netherlands sometime this fall. Stay tuned for that. In the meantime, check out supermodel Cara Delevingne experiencing a RaceBird up-close in Venice.
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BYD’s electric hot hatch has officially arrived in Europe. The BYD Dolphin Surf is the European version of its best-selling (and most affordable) EV, the Seagull. Despite its small size, the Dolphin Surf has “huge potential” with prices starting at just 23,000 euros ($26,000).
Meet the BYD Dolphin EV for Europe
With over 55,000 units sold last month alone, the Seagull was BYD’s top-selling EV in April. Last year, it was second, trailing only Tesla’s Model Y as the best-selling electric vehicle in China. Now, you can buy it in Europe.
BYD launched the Dolphin Surf on Wednesday, a longer version of the Seagull with a few upgrades. Although not quite as cheap as the Seagull, which starts at under $10,000 (69,800 yuan) in China, the electric hatch is still one of the most affordable in Europe.
The Dolphin Surf is available in three different versions in Europe, with prices starting at 22,990 euros ($26,000) for the standard range model with a WLTP driving range of 220 km (137 miles).
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Until June, BYD is offering a discounted price of just 19,990 euros ($22,700). The longer-range Dolphin Surf starts at 24,990 euros and has a 507 km (315 mile) range.
BYD Dolphin Surf EV (Source: BYD)
BYD said the compact electric city car is “built for the big city” with a sporty new design and the automaker’s advanced in-car technology.
Built for the big city
The interior is similar to other BYD vehicles, with a 10.1″ rotating touchscreen (with Apple CarPlay and Android connectivity) at the center. It’s also equipped with “Hi BYD,” a new voice control feature.
Although it may be compact, the Dolphin Surf has over 20 “clever storage areas” and a boot capacity of up to 316 L. With the rear seats folded, the electric hatch offers up to 1,037 L of space.
BYD Dolphin Surf EV interior (Source: BYD)
Like its other new vehicles, the Dolphin Surf is equipped with BYD’s Advanced Driver Assistance System (ADAS) as standard, which includes features like intelligent cruise control, automatic emergency braking, and lane-departure assist.
BYD will introduce the four-seater variant in June. With prices expected to start at around 25,000 euros ($28,300), it’s expected to compete with the Renault R5 and Volkswagen’s upcoming ID.2 electric car.
BYD’s region director, Maria Grazia, said during the launch event in Berlin (via Reuters) that “The compact segment is the next frontier for electrification in Europe,” adding “We think this market has huge potential.”
Electrek’s Take
BYD is leading EV sales in China, and it’s not even close. The automaker is coming off its best sales week of the year with nearly 68,000 vehicles registered from May 5 to May 11, up 15% from the previous week.
To give you some perspective, Tesla delivered just 3,070 vehicles in China in the same week, down 69% from the same week in 2024.
Will the Dolphin Surf see the same demand in Europe? With competitive prices, range, and features, it could be BYD’s most important EV so far. It’s the brand’s 10th vehicle to launch in Europe, following the Sealion 07, a smart midsize electric SUV.
According to S&P Global Mobility, BYD’s sales could double in Europe this year to around 186,000. By 2029, that number could reach around 400,000. Although it’s not slated for European production, the report notes that the Dolphin Surf’s “pricing strategy ensures competitiveness in the EU even with tariffs.”
Will the BYD Dolphin Surf become a top-selling EV in Europe? Leave us a comment below and let us know your thoughts.
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The original Fiat Panda 4×4 was an 80s icon and early entry into the compact SUV movement. Today, the funky electric Panda Grande is still carrying that torch, but it’s clear that someone at Fiat wants to lean into the off-road segment just a bit harder – and that’s what this new Grande Panda 4×4 Manifesto is all about.
First shown during the Grande Panda Hybrid media drive, Fiat is calling the new 4×4 Grande Panda Manifesto concept “the direct heir of the Panda 4×4,” and hopes it can act as a reminder of the 1983 original’s efficient, off-road legacy.
The Grande Panda that debuted last year is available with either a 108 hp 1.2 liter gas engine or a 111 hp electric motor powering the front wheels. The 4×4 concept starts with that electric motor up front, but adds an “innovative” e-axle at the rear of the tiny grande crossover, fully delivering on the “4×4” promise of a powered rear axle despite the lack of a conventional/traditional driveshaft or transfer case.
For their part, Fiat’s people seem pretty proud of the new setup:
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From a technical standpoint, the Grande Panda 4×4 concept is thought with an electrified innovative rear axle. This feature would enable the vehicle to deliver impressive performance in urban settings and on more demanding terrain. It’s a deliberate choice that underscores FIAT’s ongoing commitment to embracing increasingly sustainable and forward-looking technologies, all while preserving the adventurous spirit and everyday practicality that have always defined the Panda 4×4.
And I promise: Fiat really, really wants to build this thing. Watch this space for more announcements, specs, and (eventually) pricing information.
Electrek’s Take
Fiat Grande Panda 4×4 Manifesto; via Stellantis.
As my aunt Mary would say, Stellantis needs to get down from that cloud and realize that Jeep is not, should, and will not ever be the high-end luxury brand it hopes it will be. Once it does, it can slap a seven-slot grille on this Grande Panda 4×4 Manifesto concept, throw in some removable doors and a folding canvas moonroof, re-brand it as a modern Willys for about $30K, and watch the money roll in.
Fight me.
Make it a cheap Jeep
Fiat Grande Panda 4×4 Manifesto as a cheap Jeep; via Chat GPT.
An Xpeng booth at the 2025 Spring International Auto Show in Qingdao, Shandong province, China, on March 7, 2025.
Cfoto | Future Publishing | Getty Images
Xpeng shares jumped as much as 6% in premarket trading in New York, after the Chinese electric vehicle upstart reported first quarter earnings that were ahead of expectations.
The stock had pared gains to rise 5.23% at 12:44 p.m. London time.
Here’s how Xpeng did in the first quarter versus LSEG estimates:
Revenue: 15.81 billion Chinese yuan ($2.18 billion), up 141.5% year-on-year and comparing with 15.1 billion yuan expected.
Net loss: 660 million yuan, versus a 1.4 billion yuan loss expected and down from 1.37 billion yuan last year.
Xpeng said it anticipates second-quarter revenue will come in between 17.5 billion yuan and 18.7 billion yuan, which was also surpassed consensus estimates.
The Guangzhou-headquartered firm also said it expects to deliver between 102,000 and 108,000 of its electric cars in the second quarter of this year, representing a year-over-year increase of around 237.7% to 257.5%.
Xpeng delivered 94,008 in the first three months of this year.
The company contended with a difficult 2023, when it faced slowing growth and mounting losses because of rising competition in China’s electric vehicle market and increasing economic uncertainty in its home market.
But the company has been aggressive with new products, launching a mass market car last year and a refreshed version of its flagship X9 in April in 2025, helping to improve its fortunes over the last 18 months or so.
That, along with strong deliveries this year, has helped fuel a 66% year-to-date rally in its share price, which has finally helped lift its stock above the $15 per share price that it went public with in 2020. Still, the stock is well off its record high of more than $50 per share hit in October 2021.
Xpeng is now facing an even bigger raft of competition from new entrants like Xiaomi and from incumbents like BYD.
Still, the company is maintaining momentum. Xpeng delivered 35,045 electric vehicles in April, sustaining its record of putting out more than 30,000 vehicles for the sixth consecutive month.