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As usual for entries in this Awesomely Weird Alibaba Electric Vehicle of the Week column, the fun EVs we dredge up tend to bridge the gap between fun-looking and palm sweat-inducing. Would you take a cheap inflatable electric jet ski out into the bay or off the coast? What if I told you that you had to build it yourself?

That appears to be the case here with this week’s find. It’s an inflatable vessel that is jet ski shaped, though I’m not sure it fulfills all of the requirements to become a jet ski – namely the water jet turbine.

In fact, there’s actually no motor at all. It seems to be just the 3.5 meter (11 ft) boat itself, but at least it comes with a convenient transom in back to mount your own motor.

And in our case, we can slap on an electric outboard to turn this thing into not just a bad idea on water, but a green bad idea on water.

If you really wanted to stay true to the advertising, you could actually get an electrically powered jet ski-style water turbine to add to this boat. Amazon can hook you up with an impressive offering that looks like it would require cutting an inlet hole in the bottom of the boat and an exit somewhere through the rear transom.

Short of building a true jet ski though, I think an overpowered trolling motor will probably suffice. The vendor for the motor linked above seems to propose that is equivalent to 10 hp, which sounds reasonable for a small watercraft like this.

Technically the motor is only rated at 2.2 kW, which is around 3 hp. But we generally find that small electric outboards offer performance of around 3x the rated power of combustion engine outboards due to their much higher torque. It may not rip as fast as the larger gas engine below, but then again maybe it will. Who knows until we find out ourselves?!

You’ll need a whopping 60V of battery for that awesome little electric outboard, which I’m hoping will fit either under the seat or under the “hood” of the jet ski.

I’d actually be pretty interested to get a look under that hood to see what’s going on with that steering wheel. Since the jet ski/inflatable boat seems to be set up for a transom-mounted trolling motor, I don’t know how they expect to tie in steering linkage to something like that.

But my past experience of buying electric boats on Alibaba has taught me to never discount the ingenuity of East Asian engineers building low-cost vehicles that will presumably hold the life of one or more people in their hands.

chinese electric jet ski

One thing is for sure: At around $2k, this will definitely be the cheapest new jet ski you could buy, electric or otherwise. Personal watercraft aren’t cheap, and the electric ones carry a significant premium.

But if you’re handy, don’t mind wiring up a motor and battery yourself, and also don’t mind a steering wheel for show while you twist around to control a tiller motor, then you just might wind up with one of the most unique vessels on your local lake or river.

And consider the ease of transport! You probably don’t even need a trailer like you would for a traditional jet ski. The entire thing weighs just 176 kg (388 lb), though the spec sheet also says it is made from fiberglass, so perhaps the data isn’t quite accurate. Either way, this inflatable vessel can’t weigh too much. And the fact that you can deflate it to fit in the back of a van or SUV is a big benefit too. Or you can just leave it inflated and probably fit it in a truck with the tail gate down. Not my mini-truck, but maybe your truck.

At $2,025 for this thing, it’s pretty darn cheap – though that’s before the cost of batteries and a motor. Don’t forget though that there’d be several thousand dollars in shipping costs, customs import charges, taxes, broker fees, etc. Also, don’t forget that you should absolutely not buy this thing. While I’ve picked up some cool and weird little EVs from Alibaba over the years, it’s never a good idea. The process is long and complicated, not to mention fraught with extra charges at every step of the way. And you never know if the company who just received your wire transfer is even going to deliver your product in the end, which is just another fun little stressor that comes with shopping on Alibaba. So please, don’t join the ranks of my foolish readers and risk your hard earned money on something weird like this.

But if you ignore my warnings and decide to go for it, be sure to let me know what happened! And maybe update your will before the maiden voyage.

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Amazon and Nvidia say all options are on the table to power AI including fossil fuels

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Amazon and Nvidia say all options are on the table to power AI including fossil fuels

Anton Petrus | Moment | Getty Images

OKLAHOMA CITY — Amazon and Nvidia told a room of oil and gas executives this week that all options are on the table to power artificial intelligence including fossil fuels such as natural gas.

The tech and energy industries gathered in Oklahoma City at the Hamm Institute for American Energy to discuss how the U.S. can meet the growing energy needs for AI data centers

The Big Tech companies have invested mostly in renewable power in an effort to slash their carbon dioxide emissions, but they are now navigating a changed political environment. President Donald Trump has ditched U.S. commitments to fight climate change as he seeks to increase fossil fuel production, particularly natural gas.

There is now growing public acknowledgment from the tech industry that gas will be needed, at least in the near term, to help fuel AI.

“To have the energy we need for the grid, it’s going to take an all of the above approach for a period of time,” Kevin Miller, Amazon’s vice president of global data centers, said during a panel discussion Thursday. “We’re not surprised by the fact that we’re going to need to add some thermal generation to meet the needs in the short term.”

Amazon remains focused on slashing its carbon emissions, Miller said. It is the largest corporate purchaser of renewable energy and is investing in advanced nuclear and carbon capture technology to reduce the environmental impact of its energy consumption, the executive said.

But those advanced technologies will not come online until the 2030s and Amazon needs steady and secure power now, Miller said.

“We’re very explicit that meeting customers’ demands for capacity is first and foremost in our priority list, and so having access to power is first and foremost what we focus on,” Miller said. “And we have a goal to be net-zero carbon as a company by 2040 and are very focused on that.”

Nvidia is also focused on environmental impact but wants “all options on the table” as AI faces an energy crunch, said Josh Parker, the chipmaker’s senior director of corporate sustainability.

“At the end of the day, we need power. We just need power,” Parker said at the panel. “We have some customers who really prioritize the clean energy, and some customers who don’t care as much,” the executive said.

Anthropic co-founder Jack Clark called for data center developers to be realistic about the energy sources that are currently available. Anthropic estimates that 50 gigawatts of new power is needed by 2027, equivalent to about 50 nuclear reactors. AI demand can help drive the development of “new and novel sources” of power over the longer term, he said.

The idea of using coal, however, was met with unease. Trump recently signed an order that aims to boost coal production, citing demand from AI. The Amazon and Nvidia executives did not answer directly when asked during the panel whether they thought coal had a role play in powering AI.

“You have a broader set of options than just coal,” Clark said. “We would certainly consider it, but I don’t think I’d say it’s at the top of our list.”

Catch up on the latest energy news from CNBC Pro:

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Global energy giant RWE halts US offshore wind because of Trump

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Global energy giant RWE halts US offshore wind because of Trump

Global renewable developer and energy giant RWE has halted its US offshore wind operations “for the time being” because of the “political environment” the Trump administration has created.

RWE, Germany’s biggest electricity producer, said in March that it had dialed back its US offshore wind activities. But now, CEO Marcus Krebber said in a speech transcript, which he’ll deliver at the company’s Annual General Meeting in Essen on April 30, that its US offshore wind business is now closed (but it wasn’t all bad news): 

In the US, where we have stopped our offshore activities for the time being, our business in onshore wind, solar energy, and battery storage has so far been developing very dynamically. At the start of this year, we reached an important milestone when our US generation capacity hit the 10 gigawatt mark. The construction of a further 4 gigawatts is secured.

He went on to say that renewables have created regional value and jobs, but that the company remains “cautious given the political developments.” RWE has introduced more stringent requirements for future US investments:

All necessary federal permits must be in place. Tax credits must be safe harbored and all relevant tariff risks mitigated. In addition, onshore wind and solar projects must have secured offtake at the time of the investment decision. Only if these conditions are met will further investments be possible, given the political environment.

About half of RWE’s installed renewable capacity is in the US, where it’s the third-largest renewable energy company through its subsidiary, RWE Clean Energy. RWE holds the rights to develop US offshore wind projects in New York, Louisiana, and California.

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RWE paid $1.1 billion for the New York lease area in 2022, where it’s meant to develop the 3 gigawatt (GW) Community Offshore Wind with the UK’s National Grid. Community Offshore Wind was projected to come online in the early 2030s and expected to power more than a million homes.

The developer paid $5.6 billion for the Louisiana lease in the Gulf of Mexico in 2023 as the lone bidder for development rights, and the Canopy Offshore Wind project off Northern California was not expected to be completed for another decade.

Read more: Trump admin halts $5 billion NY offshore wind project mid-build


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Trump’s memecoin dinner contest earns insiders $900,000 in two days

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Trump's memecoin dinner contest earns insiders 0,000 in two days

WASHINGTON – President Donald Trump and his allies have raked in nearly $900,000 in trading fees over the past two days from the president’s $TRUMP cryptocurrency token, according to Chainalysis, a blockchain data company. 

The surge came after a Wednesday announcement in which the top 220 holders of the token were promised dinner with the president.

“Have Dinner in Washington, D.C. With President Trump,” reads a message on the front page of the Trump coin’s website. The event, which is black tie optional and hosted at the president’s private club in the Washington area, is scheduled for May 22, with a reception for the top 25 holders. A “VIP White House Tour” will take place the following day, the site says. The website also hosts an active leaderboard displaying the usernames of top buyers.

The $TRUMP memecoin jumped more than 50% on the dinner news, boosting its total market value to $2.7 billion. It was met with fierce criticism from some of Trump’s political opponents who said the move was further evidence that the president was using crypto to enrich himself. Sen. Chris Murphy, D-Conn., a prominent Trump critic, wrote on X that the sale was “the most brazenly corrupt thing a President has ever done. Not close.”

Roughly 80% of the $TRUMP token supply is controlled by the Trump Organization and affiliates, according to the project’s website. Since its launch in January, trading activity has generated about $324.5 million in trading fees for insiders, Chainalysis found. These fees are generated through the token’s built-in mechanism that routes a percentage of each trade to wallets controlled by the project — wallets that, according to the website, are linked to the coin’s creators.

Memecoins, often referred to as meme tokens, are a subset of digital assets that use blockchain technology and derive their value largely from internet culture, memes and social media hype rather than from an underlying utility or asset. The originators of memecoins can make fees when their coins are bought and sold.

They have grown in popularity in recent years as speculative assets, with some coins including dogecoin and fartcoin amassing total market values in excess of $1 billion.

Most of the $TRUMP supply remains locked under a three-year vesting plan, with coins gradually becoming available over time. Lockups like these are meant to protect investors by preventing insiders from cashing out all at once — a scheme commonly known in the crypto world as a “rug pull.” Vesting schedules aim to give retail buyers confidence that early holders won’t overwhelm the market and tank the token’s value.

Still, the dinner contest is being viewed by critics as an unusually explicit attempt to monetize presidential access. 

As CNBC reported Friday, Democratic Sens. Adam Schiff of California and Elizabeth Warren of Massachusetts are urging the U.S. Office of Government Ethics to investigate whether the promotion constitutes “pay to play” corruption.

The White House did not respond to a request for comment. The company behind the memecoin also did not respond to a request for comment.

Delaney Marsco, the director of ethics at the Campaign Legal Center, a nonprofit focused on campaign finance and government accountability, told NBC News the coin and dinner contest amounted to an unprecedented ethics breach — though it is unlikely to be illegal.

“Criminal conflicts of interest statutes don’t apply to the President,” she said. “That has allowed him to go against decades of of norms that every modern president since Carter has adhered to, which is to divest your financial interests, rid yourself of your businesses, and kind of go in to the presidency with a clean financial slate so that no one could accuse you of manipulating policy decisions or using your position in order to enrich yourself.” 

“The fact that he is not barred by the law from having these financial interests like this meme coin allows him to engage in a lot of seemingly corrupt activity. It has the appearance of a pay to play, so the President is apparently selling access to himself,” Marsco added.

Molly White, an independent crypto researcher, told NBC News that the leaderboard only shows top $TRUMP holders — and then only by their chosen screen name, making it difficult to identify who is paying to potentially join the dinner.

Schiff and Warren have cited public reports showing that some $TRUMP investors have ties to foreign exchanges or received funds from crypto platforms banned in the U.S., including Binance.

White also noted that at least one top $TRUMP owner has an account on Binance, a cryptocurrency company that doesn’t allow American users.

Trump was elected with significant help from the cryptocurrency industry, which poured tens of millions of dollars into the 2024 election, outpacing corporate donations from traditional sectors like banking and oil. After opposing digital assets during his first term, Trump pivoted in 2024 to campaign as a champion of cryptocurrency, casting Democrats as hostile to innovation and as advocating for tighter regulation. 

The $TRUMP token itself offers no product or service, according to the project’s website. It is part of a broader push by the Trump family into digital assets, despite the market’s volatility and regulatory risks.

In addition to the $TRUMP and $MELANIA meme coins, the family is backing World Liberty Financial, a decentralized finance venture that has raised $550 million across two token sales since last October. Buyers are barred from reselling their tokens and receive no share of profits — but a Trump-affiliated entity is entitled to 75% of net revenue, including token sale proceeds.

Together, these projects have created new streams of revenue for Trump and his inner circle at a time when regulatory oversight of cryptocurrency has weakened sharply under his administration.

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