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Amazon will ride the bonanza from last month’s record-setting Prime Day by holding a 48-hour sale in October, the e-commerce giant announced Tuesday.

The company didn’t disclose the exact date for its next money-saving campaign, dubbed “Prime Big Deal Days.”

Loyal Prime customers across 19 countries — including the US, the UK, Australia, France, Japan and the Netherlands, among others — will be able to participate.

“Well share more details soon as we get closer to the event. I cant wait to give our Prime members access to exclusive early savings this season,” Worldwide Amazon Stores CEO Doug Herrington wrote in a LinkedIn post.

“Prime Big Deal Days isn’t a second Prime Day. It’s another opportunity for Prime members to have access to exclusive early savings this holiday season,” an Amazon spokesperson told The Post.

The move comes following reports that shoppers will be conservative with their spending during the holiday season — a trend that’s continuing from 2022, when customers reportedly bought fewer electronics, furniture and some types of clothing compared to the previous year.

According to CNBC’s latest Supply Chain Survey, released in June, 43% of respondents are expecting to order fewer gifts this year compared to 2022.

Roughly two-thirds of respondents, or 67%, said they’d be on the hunt for discounts, which a whopping 71% attributed the cutback to inflation, CNBC’s report found.

The US Bureau of Labor Statistics’ latest figures showed that inflation rose 3% in June versus a year earlier.

Though the figure was the smallest increase since March of 2021 — and drastically lower from inflation’s 9.1% peak last June — it’s still above the Federal Reserve’s 2% goal.

Amazon’s latest Prime Day took place July 11-12, and the record-setting event saw the sale of 375 million items.

Steep discounts drove customers, including members of Amazon’s $139-per-year Prime loyalty program, to spend a collective $12.7 billion, according to Adobe Analytics, boosting US online sales by 6.1%.

Abode cited increased spending in the appliance and apparel categories — which were up 45% and 17% year-over-year, respectively — as reason for the revenue jump.

Amazon’s “Buy Now Pay Later” feature was also used by 21% more consumers during this year’s Prime Day than last year’s — another indication that consumers don’t have the budget to splash out this Christmas.

During July’s Prime Day, the “Buy Now Pay Later” option was utilized in 6.6% of orders, Adobe found.

Following the Prime Day-like event in October, Amazon will offer another round of discounts on Black Friday and Cyber Monday in November.

Learn more about Amazon Prime here.

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Environment

First ever electric rail car mover gets to work at Port of Baltimore [video]

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First ever electric rail car mover gets to work at Port of Baltimore [video]

The Helen Delich Bentley Port of Baltimore has announced a first for the contemporary American maritime industry: a battery-electric rail car mover that can organize the rail yard without dirtying up the air around it.

Built by the Marmon Rail’s Italian Zephir division, the LOK 16.150E model rail car mover features an 80-volt rechargeable battery pack sending current to a pair of 40 kW (about 50 hp) high-torque brushless motors. That may not sound like a lot in a world of 650 hp Kias and 1000 hp Teslas, but it’s enough to generate a drawbar pull (read: towing force) of more than 39,000 lbs. … all while generating zero tailpipe emissions.

“At this terminal, the asset will be used to help with intermodal cargo exchange,” said Matt Stahl, Mid-Atlantic terminal general manager for global shipping gurus Wallenius Wilhelmsen, who operate the Zephir. “We can do it with our own asset, without any assistance.”

Wallenius Wilhelmsen is using the Zephir to move rail cars loaded with heavy lift, farm and construction equipment, and military cargo within the Dundalk Marine Terminal, and claims it will remove over 180 tons of harmful carbon emissions per year.

You can check out the promotional video released by the Port of Baltimore to celebrate the Zephir’s deployment, below, then let us know what you think in the comments.

Electrek’s Take

Historically-conscious readers already know that the key word in that first paragraph is contemporary, because the Zephir is very much a case of “what’s old is new again,” according to Freightwaves’ Stuart Chirls. Chirls explains that the Zephir, “harks back [sic] to battery-powered railcar movers built by the Pennsylvania Railroad in 1912, rubber-tired ‘locomotives’ used to switch freight cars around the narrow streets of the Baltimore waterfront on track curvature too tight for standard motive power.”

If you want to learn more about the Pennsylvania Railroads’ 100-year lead on electric rail car switcher technology, check out this article on Railfan, which includes the photos below plus a whole lot more.

Don’t miss: they had license plates!

Rubber Tired Switchers

SOURCES | IMAGES: Port of Baltimore, via Freightwaves, Railfan.

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Environment

Awesomely Weird Alibaba EV of the Week: This four-wheeled e-bike/car

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Awesomely Weird Alibaba EV of the Week: This four-wheeled e-bike/car

When it comes to oddities of the electric vehicle variety, it doesn’t take much to pique my interest. If it’s got an electric motor and a funky shape, I’m down to clown. But being an electric bicycle guy through and through, anytime we can work some good ol’ pedaling action into the mix, I’m all the happier. And this week’s edition of the Awesomely Weird Alibaba Electric Vehicle of the Week sure tickles my fancy!

If Teslas are too mainstream for you, but Fred Flinstone’s car is a bit too much effort, then I think I’ve found the perfect compromise. This electric bike-car offers everything its name promises.

It’s got pedals like a bike, along with a set of handlebars for steering and a bicycle seat for keeping you the perfect amount of uncomfortable. But it’s also got the enclosed convenience of a car, shielding riders from the rain and sun, though not from the curious looks of passersby. And with an electric bicycle motor, you don’t have to burn through your entire lunch just pedaling this brick down the block.

Of course, beauty is always in the eye of the beholder. And I’m sure the appearance will be divisive, with some finding it charming and others… less so. But more than just looks, this thing is about utility.

I’d say the design is perfect for anyone who has ever said, “Give me the environmental friendliness of an electric bicycle but with the turning radius of a school bus.” Finally, a vehicle that lets you feel superior to cyclists and drivers simultaneously while enjoying the camaraderie of neither.

Combining the aerodynamics of a garden shed and the aesthetics of a cute dumpster, this electric bike car is likely as hard to get rolling as it is to park. But it’s got one main thing going for it: an insane amount of enclosed storage space that other e-bikes could only dream of.

Behind those double doors is your own mobile storage unit, and one that has every right to use the bicycle lane – at least in cities that extend such rights to four-wheeled bicycles.

To put numbers on it, this thing offers a massive 1.8 cubic meters of storage space in back. I’m not sure the best way to describe that in freedom units. Does 63 cubic feet mean anything to anyone? 475 gallons? A micro-studio apartment in NYC?

Either way, you could just about turn the rear box into a tiny camper – though it wouldn’t be the first bicycle-based RV we’ve seen.

As far as performance goes, it’s got a top speed of 31 km/h, or a hair under 20 mph. Considering it probably has the crash-test rating of a cardboard box, I’m not sure I’d want to go that fast too often.

The benefit of crashing on a standard bicycle is you get to separate from it fairly quickly. Crashing in this thing makes me feel like I’d just pinball around inside the cab until I’ve become one with the handlebars.

Of course, the ideal environment for something like this electric bike-car is not mixing it up with traffic. I’d much rather stick to the bike lane or bicycle highways – though I’m not sure how my fellow cyclists would welcome me there. Actually, I’m not sure they’d even consider me a fellow cyclist.

So alas, I’m not sure exactly where I’d use it. And at $3,000, that’s a hefty chunk of change for a vehicle that would have a hard time fitting into our world. But even though its place is hard to understand, I’ll forever love that things like this exist.

Just please don’t go and try to buy something like this from Alibaba. Yes, I know I’m not a good example and rarely take my own advice. But this is a, “do what I say, not what I do” situation, indeed.

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Politics

Bitcoin hinges on $93K support, risks $1.3B liquidation on trade war concerns

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Bitcoin hinges on K support, risks .3B liquidation on trade war concerns

Global trade war concerns may pressure Bitcoin below the key $93,000 support in the short term, analysts told Cointelegraph.

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