Luxury electric boatbuilder ALVA Yachts is doing what many in the maritime industry consistently strive toward – building vessels bigger and better. Its latest solar electric catamaran is a 90-foot superyacht called the OCEAN ECO 90 H2 – in addition to zero-emissions propulsion and sustainable power, it adds hydrogen fuel cells and a wing sail propulsion system to alleviate any need for fuel aboard. Oh, don’t forget the jacuzzi up top.
ALVA Yachts is a German company founded in 2020 by Mathias May and Holger Henn, evolving out of PICA yachts. It was originally founded in 2013 – launching over forty 20- to 30-foot sailing and electric powerboats in its tenure.
We’ve covered the boatbuilder more and more as of late as it looks to create the next generation of zero-emission yachts by developing a growing lineup of solar electric catamarans that are as luxurious as they are sustainable.
In the past three years alone, ALVA Yachts has introduced a 50-foot cruiser, two electric sailboats in lengths of 72- and 82-feet, plus 60- and 90-foot all-electric yachts, including the OCEAN ECO 60, which debuted in 2022 and is now in production.
Last month, ALVA introduced a new 78-foot solar electric catamaran slotted between the OCEAN ECO 60 and OCEAN ECO 90 – the latter of which was previously available as an all-electric or diesel-hybrid superyacht.
Today, however, ALVA has gone all in on fuel-less yachts; a new version of the OCEAN ECO 90 adds hydrogen and wind power to ensure true zero emissions. Have a look.
The upcoming ECO 90 H2 solar electric superyacht / Credit: ALVA Yachts
ALVA is building its first fuel-less electric superyacht
The boatbuilder announced today that the build of its first OCEAN ECO 90 H2 solar electric superyacht is underway and will arrive as its first vessel to run without any fossil fuels, producing zero emissions.
The fully electric superyacht is propelled by two 250 kW motors as standard, with an optional upgrade to a 2×480 kW system. The motors are powered by a 500+ kWh battery pack aboard that can recharge using 200 square meters of solar cells atop the vessel that can provide up to 40 kilowatt-peak (kWp) power from nothing but the sun.
What’s new on the OCEAN ECO 90 H2 is the integration of hydrogen fuel cells as an additional zero emissions range extender, supplied by EODev and integrated by SECO Marine. Lastly, the solar electric superyacht will feature an Oceanwings wind propulsion system from Ayro that utilizes wind sensors on the wing sails to analyze data and adjust the wing sail angle and camber automatically.
The result is a 90-foot catamaran with several sustainable fail-safes to ensure the vessel stays powered for long journeys at sea.
Aside from its ultra-green performance specs, the vessel is still a luxury superyacht. It features an open-air concept that includes an open flybridge and helm, plus a sky lounge, cocktail bar, and top-deck jacuzzi. Other features include a large galley with a full-size fridge, an island with bar stools, and a large dining table that seats twelve guests.
The owner of the first ALVA OCEAN ECO 90 H2 has already stated they plan to use the electric superyacht for commercial use, including private and corporate events, plus charters to showcase that environmentally safe, luxury sailing is possible. ALVA Yachts CEO Holger Henn spoke to the company’s latest build as well:
We are very happy to have found such a confident and innovative client that pushes us to explore new technologies. This project would not be possible without our classification partner DNV which has established new ground rules especially for us because this has never been done before. In addition to DNV, our engineering partner iYacht has surpassed our expectations when faced with such advanced engineering challenges. What is special about this project is certainly the leap that we are making in technology. A superyacht that can operate without fossil fuel is something we could only dream of. But with the help of strong partners and a lot of effort from the ALVA team, we want to show what is possible in boat building today.
As previously stated, ALVA’s first OCEAN ECO 90 H2 is already in production, and it is expected to make its maiden voyage in late 2024.
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Toyota’s new electric SUV is a surprise hit in China. Starting at just $15,000, the Toyota bZ3X is already the top-selling joint venture brand EV.
The $15,000 Toyota bZ3X is the top-selling foreign EV
After launching the bZ3X in March, Toyota’s joint venture, GAC Toyota, claimed that orders were “so popular that the server crashed.” It apparently secured over 10,000 orders in the first hour.
In its second month on the market, the bZ3X was the top-selling foreign-owned vehicle in China, beating out the Volkswagen ID.3 and ID.4 Crozz, Nissan N7, and BMW i3.
According to the latest update, the electric SUV retained the title once again in June. Peng Baolin, General Manager of Sales at GAC-Toyota, revealed on social media that the “delivery volume of Bozhi 3X in June reached 6,030 units.”
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GAC Toyota announced on Weibo that cumulative deliveries have now exceeded 20,000 units, setting a new record for the fastest joint venture electric SUV sales to achieve the feat.
Toyota bZ3X electric SUV (Source: GAC Toyota)
The company also claimed that the bZ3X “has the highest sales of new energy vehicles” among joint venture brands right now.
The bZ3X is Toyota’s “first 100,000 yuan-level pure electric SUV.” It’s available in seven different trims, starting at 109,800 yuan, or about $15,000.
Toyota bZ3X electric SUV (Source: GAC-Toyota)
Two variants have an added LiDAR, making Toyota the first joint venture brand to offer it in China. The smart driving version starts at 149,800 yuan ($20,500). For 159,800 yuan ($22,000), you can upgrade to the range-topping “610 Max” trim.
Powered by a 67.92 kWh battery, the long-range model is rated with a CLTC range of up to 610 km (379 miles). The base “Air” trim features a 50.03 kWh battery, good for a 430 km (267 miles) range.
The bZ3X measures 4,645 mm in length, 1,885 mm in width, and 1,625 mm in height, or about the size of BYD’s popular Yuan Plus (sold overseas as the Atto 3).
Inside is a significant upgrade from most Toyota models we are used to seeing. It features a tech-focused interior with a 12.3″ infotainment screen and an 8.8″ driver display.
Toyota bZ3X electric SUV interior (Source: GAC-Toyota)
Toyota markets it as an affordable family SUV with “a mobile space that is as comfortable as home.” With all the seats folded, the interior offers nearly 10 feet (3 meters) of space.
It’s also powered by Momenta’s 5.0 smart driving system, offering advanced smart driving features such as Level 2 assisted driving, remote parking, and more.
Electrek’s Take
Although it may not seem like much with Chinese EV makers like Xiaomi securing nearly 300,000 orders for the YU7 SUV in an hour, the bZ3X is selling surprisingly well for a foreign brand vehicle.
Global automakers are struggling to keep pace in China with an influx of new low-cost domestic EVs and an intensifying price war. However, Japanese automakers, including Toyota, have been some of the hardest hit.
During GAC Toyota’s Tech Day event last month, the company announced partnerships with China’s leading tech companies, including Huawei, Xiaomi, and Momenta, as it seeks to regain market share.
Ahead of the event, the company posted on Weibo that “god-level allies are coming to help,” adding “car industry bigwigs are coming.
Through May, Toyota’s sales in China are up 7.7% from the same period last year, with 530,000 vehicles sold. Will Toyota continue gaining traction in the world’s largest EV market? With the bZ5 now rolling out and several new models on the way, Toyota is looking for a comeback.
If you’re planning a summer camping trip or backyard cookout, or just want to be prepared for future blackouts, BLUETTI has you covered this Prime Day with up to 65% off portable power stations. And two standout models are turning heads: the all-new Elite 100 V2 and the powerhouse Elite 200 V2.
Electrek readers get an exclusive extra 5% off sitewide with the promo code ELECTREK5OFF, but act fast! These fantastic Prime Day deals only run until July 11.
Compact powerhouse: Elite 100 V2 (now in pre-order!)
Meet the newly launched Elite 100 V2 – BLUETTI’s latest iteration of the AC180 portable power station that packs serious performance in a smaller frame. It’s about 30% smaller than the AC180 yet still delivers a mighty 1,800W output and 3,600W surge capacity. That’s more than enough to handle your coffee maker, induction cooktop, and even a portable AC unit.
With 11 versatile outlets and 1,000W solar input, this little powerhouse is perfect for camping trips, picnics, tailgates, or short-term home backup. It recharges in as little as 70 minutes, making it ideal for quick outdoor stops or unexpected power cuts.
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The Elite 100 V2 is available now for pre-order at the early-bird price of $399 plus an extra 5% off on Amazon and at Bluetti’s official store.
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This one’s a total game-changer. With a massive 2,048Wh capacity and 2,400W output (3,900W surge), the BLUETTI Elite 200 V2 powers everything from electric grills and coffee makers to portable fridges and full camping kitchens. It’s great for family cookouts, rooftop movie nights, or camping with serious gear.
The best part? It runs at just 16dB, which is whisper quiet. And inside is a true EV-grade battery with a whopping 17-year lifespan. That’s power you can count on for the long haul.
The Elite 200 V2 is down to just $699 for Prime Day – that’s 59% off and the lowest price ever(!) on Amazon and at BLUETTI’s official store.
More Prime Day BLUETTI power deals until July 11
BLUETTI is going big this year with deep discounts across the board. Here are some more hot picks:
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AC200L: 2,048Wh unit built for rooftop movie nights or long backyard parties, expandable to 7.6kWh. $899 (44% off) on Amazon and on BLUETTI’s official store
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Whether you need portable power for camping (Elite 100 V2) or a versatile 2kWh powerhouse for multiple uses (Elite 200 V2), or serious home battery backup (AC300 or AC500), there’s a perfect BLUETTI deal for you.
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About BLUETTI
BLUETTI is a committed advocate for sustainability, embedding ESG principles into product design and corporate initiatives. Through programs like LAAF (Light An African Family), it delivers affordable, sustainable energy to African communities. Partnering with Leave No Trace and the Footprint Project (a 501(c)(3) nonprofit), BLUETTI supports responsible outdoor recreation and disaster relief with clean energy solutions that minimize environmental impact. This blend of quality, reliability, and practical focus has earned trust in over 110 countries and regions.
Elon Musk told Tesla’s biggest cheerleader on Wall Street, Wedbush analyst Dan Ives, to ‘shut up’ and the reason why is absolutely ridiculous.
Dan Ives is one of the biggest pushers of Tesla’s stock on Wall Street. The Wedbush analyst can often bee seen on CNBC praising Tesla and its CEO, Elon Musk.
He has one of the highest price targets on Tesla on Wall Street with $500 price per share.
After Tesla’s deliveries came way under his expectations and down 13% year-over-year in the first quarter, he reiterated his price target, which would value Tesla at over $1.5 trillion.
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That’s even though Tesla’s net earnings have steadily declined over the last 2 years, and it is on track to start losing money within the next year.
Ives’ faith in Tesla stock is solely based on Musk and his promises of self-driving vehicles and robots. Just last month, he said that “Musk is the best asset of Tesla. We see him as CEO until 2030.”
You would think that Musk would like this guy, but no.
Ives took to X today to suggest that Tesla’s board should give Musk a new pay package giving him 25% control over the company.
If that were to be given through more stock options, it would virtually double his stake in Tesla and represent a $200 billion payday for Musk. In exchange, Ives is only suggesting that Musk, who runs several other companies and projects, should commit to spending a certain amount of time at Tesla and that the board has oversight on his involvement in politics.
In response to the analyst, who is one of Musk’s biggest fans and is suggesting Tesla gives him $200 billion, Musk told him to “shut up”:
Musk is seen as having complete control over Tesla’s board, which led to the rescinding of his 2018 CEO compensation package. One of the points that the judge brought up was that Tesla never even negotiated with Musk about committing his time at Tesla as part of the compensation package despite knowing the CEO already had roles at several other companies.
Now, Musk is also launching his own political party, in addition to his roles at SpaceX, X, xAI, The Boring Company, and Neuralink.
Electrek’s Take
Even Dan, who is a complete Musk sycophant, is not a big enough sycophant for Musk.
How do you tell a guy suggesting Tesla give you $200 billion to “shut up” just because he added some very mild conditions? What’s his thinking here? How dare he ask the board to do its job and supervise me? Doesn’t he know that I own the board?
The remarkable thing is that you know Musk could easily circumvent any conditions imposed by the board, and the mere fact that those conditions would have been in the contract could have helped it avoid being rescinded in the first place.
Musk’s behavior makes no sense. Honestly, he appears to be increasingly disconnected from reality.
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