This isn’t exactly my first time dropping a container full of Chinese electric vehicles in the yard and cracking it open with childlike glee. But it is likely one of the most unique experiences I’ve had so far doing this, revealing inside a fleet of battery-powered Chinese electric mini-excavators and assorted accessories.
If you’ve followed my escapades in my articles and videos for any amount of time, you’ll know this is pretty much par for the course for me. I’m the guy who imported that viral $2,000 Chinese electric mini-truck that netted tens of millions of views around the internet. I followed that up with electric boats and electric tractors and all sorts of other fun EVs from the world’s largest and most controversial electric vehicle market.
This time though, things are getting serious as I get to work. Or, at least work-related vehicles, as my latest import is a pile of electric mini-excavators. So buckle up and join me for the journey! And if you want to see the process in full moving pictures, check out my fun container unboxing video here to get this experience first hand.
In case you’re wondering how I got here, it all started with a need for an electric wheel loader – a type of articulating tractor that is useful for a wide range of land managing tasks like digging, loading, hauling, trenching, towing, and more.
My parents live on a bit of land in Florida and needed a few machines to help keep up with chores around the property. They don’t need a massive tractor, but some modest machines would be a big help.
As it turns out, there actually are a few smaller articulated wheel loaders available for these types of homesteaders and landowners – folks who don’t really need a $50,000 diesel Bobcat like you’d see on a contractor’s job site.
However, the family didn’t really want a diesel machine. With the advent of electric alternatives, the advantages of lower operating costs, safer working environment, reduced maintenance, and quieter/more peaceful operation were too hard to pass up. Our family has an electric mini-truck and an electric UTV, both of which are major work vehicles for us, and the experience has driven home just how much nicer it is to own and operate electric alternatives of common work vehicles.
The problem is that when it comes to electric tractor loaders and electric excavators, there just aren’t many options. Nearly everything out there is diesel. Without finding any options for such machines in the US, I went to the world’s largest electric vehicle maker: China. There I found several options that were a good step in the right direction, but weren’t quite ready for prime time in their existing form. With a good starting point, I worked with a factory that I liked to improve the machines for North American operators.
After making a number of safety, quality, and ergonomic improvements to the equipment, the machines became the first NESHER electric loaders in a growing lineup. Developing into a small business run by my father and me, we’ve now been able to hire a couple of staff and have since shipped electric machines all over the US.
The next logical step in growing was to expand into dedicated mini-excavators, which could dig deeper and do more than just the excavator attachment available on the NESHER L880 and NESHER L1400 loaders. So I repeated the process but for excavators this time, working with a suitable factory to improve their machines to my ideal design intended to better serve North American users.
Having now gone through this container importing process many times over the last 18 months or so, this time I thought I’d bring you guys along on the process of cracking one of these open.
First of all, any one of these containers takes months to set up. It starts with working with the factory designers and engineers, then negotiating pricing, fronting the production, dealing with inevitable production delays, quality inspections before shipping, booking sea freight, working through customs and handling tariffs, setting up incoming freight, and finally landing the container at your doorstep.
It’s a long and arduous process with each step full of headaches, but having done this with a dozen or so containers at this point, it’s starting to become easier and smoother.
When the container finally arrives after those many months of work, the real fun starts. I cracked this one open and got to work unloading the crates of mini-excavator attachments, such as grapples, augers, ripper teeth, various buckets sizes, rock hammers, etc.
Next came the machines themselves. I always make sure my factories package my machines extra well. It’s not as much the long ocean journey I’m worried about, which is relatively gentle. Rather, the first and last few hundred miles on the back of a truck chassis can bounce things around more. We use a spiderweb of strapping and a small army of ratchets to ensure every machine and attachment is safe and secure for the journey.
They are each unloaded down the ramps and go through an initial quick inspection looking for any obvious issues, like problems with the hydraulics or tracks, then driven off to staging. Once all of the machines are out and the container is cleared out, the more intensive inspections begin. Each machine is put through a few hours of work to suss out any potential issues that were missed at the factory. Occasionally this turns up something small, but thorough quality inspections at the factory mean that any real issues get caught before they arrive stateside.
I’d be lying if I said the inspection process isn’t fun, because it basically means we get to play around with all of the functions. And there’s something about digging holes with small-format heavy equipment that just brings out the inner child in you.
These are fairly small machines – the NESHER NX2500 model name hints at the 2,500 lb (1.1 metric ton) weight of the mini-excavator. With a 5.5-foot (167 cm) digging depth, they are great for tasks such as landscaping jobs like tree planting, utility work like trench digging, material handling like loading and unloading gravel, logs, etc., and even light demolition work. They are especially useful for indoor demolition and renovation jobs, since their zero-emission operation means that operators don’t have to run a long exhaust hose to pipe out the poisonous diesel exhaust or risk the health of anyone in the building.
However, the small size of the machines means that they aren’t really meant for major jobs. You could dig a pond, but it’d take a pretty darn long time.
To give you an example, a few days ago I dug a couple of holes for some palm trees we’ll be adding to the property, and the charge on the machine dropped by 2%. That doesn’t necessarily mean it will be a linear drop and that you can dig 100 holes on a charge, but it’s a rough approximation.
With a 48V 200Ah Li-ion battery, the 9.6 kWh battery is sufficiently large for up to 5-6 hours of light-duty operation, though digging through dense material like clay or rocky terrain will reduce the run time. Recharging takes around 7 hours via a 120V wall outlet with the included charger.
Again, this isn’t meant for an 8-hour shift on a job site. These are machines largely intended for landowners and homesteaders who often have digging tasks but don’t want to repeatedly rent a machine – not that you could find an electric mini-excavator to rent, anyway. Seriously, give it a try. If you want to buy or rent an electric mini-excavator in the US, there simply aren’t any options. They don’t exist. Or at least, they didn’t.
There are a few major companies that have begun producing them in very limited numbers, such as JCB, Bobcat, etc. But they are largely unobtanium, only available to contractors, and carry pricetags approaching and exceeding six figures.
Common questions about the electric mini-excavators
The most common questions I get on these are run time and cost. With the 6-hour answer out of the way, that leaves pricing. To frame this answer, it’s important to understand what prices look like in this industry. There are VERY few sources for electric mini-excavators anywhere in the Western World. The JCB 19C-1E is one of the few options out there. Traditional heavy equipment companies don’t publicly share prices. You have to jump through hoops of JCB sales reps before they finally tell you that is a nearly US $100,000 machine.
But that machine also weighs around 1,500 lb more than the NESHER NX2500. A closer comparison would be the Bobcat E10e, which is roughly the same size and spec as the NESHER NX2500. Again, it takes a lot of digging (no pun intended), but ultimately you’ll find that it is priced at around US $60,000.
By comparison, the NESHER NX2500 is priced at US $19,600.
This isn’t to say that these machines are directly comparable, but they do have similar specs and perform similar tasks. Bobcat and JCB are certainly larger companies, but they cater to commercial users. The NX2500, on the other hand, finally brings the capability of electric mini-excavators to more average Joes and small businesses that can’t afford a $60k or $100k piece of equipment.
Another common question I get when people hear I import a lot of these types of things is “do you get to keep the container?”
Sometimes, yes. But it’s not as much that I get to keep and more that I had to buy it in advance. This is what is known as one-tripper. That means it is a new shipping container, and this is its first trip across the ocean.
In this case, I bought the container so I could keep it and use it as storage – basically a super sturdy and locking shed. You might have seen my article about turning a shipping container into a solar-powered charging shed complete with air conditioning. That’s one of the nice things about choosing to buy a one-tripper container, you can get very creative with them.
However, most of my imports are done using the shipping line containers. These are essentially borrowed from the container lines. Maersk or MSC or the other big names lend you a shipping container as part of the price of shipping with them, you fill it in China, empty it in the US, and then it goes back to the port for many more journeys in its future. That’s the most common and economical way to do it, but getting a few shipping containers of your own isn’t a bad thing either, if you have the space.
The last question that I often hear is simply, “Why electric?”
I get it, many old-school operators are of the “diesel or die” variety. The problem is, sometimes you get both. That diesel exhaust is a carcinogen. And unlike larger excavators with enclosed cabs and better exhaust manifold designs, most diesel-powered open-cab mini-excavators result in the operator’s face being located a mere 2-3 feet from a diesel exhaust pipe. That’s not how I want to spend my digging hours and I wouldn’t wish it upon anyone else.
Then you have to add on top of that the sound of an unisolated engine running inches beneath your thighs, the vibrations of that engine, the extended upkeep and maintenance of an engine with hundreds of moving parts, and the hassle of winterizing or other extra steps that required to keep such machines in good working order.
There’s a reason a power drill has a battery and an electric motor instead of a small gasoline engine, even though such engines are widely available for model building. Electric tools are simply nicer and more convenient to own and operate. Sure, 30 years ago we didn’t have the kind of motor and battery technology to make electric construction equipment a viable alternative. But now we do, and these machines are proof of it.
Are they more expensive than a no-name diesel-powered Chinese mini-excavator bought at auction for $5,200? Sure. But they are also cheaper to operate, longer lasting, safer, and more comfortable, and come backed by a US distributor with service and support, including a local inventory of spare parts. Electric might not be for everyone, but it is for me, and now I’ve seen how it is for many others as well.
This is unlikely to be the last time I import something fun and interesting from China, though it certainly is the last one without new tariffs that were recently imposed. Like all businesses, we’ll be analyzing the impact of the new tariffs on our own operating costs, and unfortunately, we may have to raise prices on these machines as our costs rise.
But since a lot of what I bring in is for personal use (and I’ve got more fun EVs already in the works!), that’s largely a problem for me to deal with.
I’m looking forward to sharing the next fun EVs I get my hands on. Until then, I’ll have those hands busy digging!
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EV charging veteran ChargePoint has unveiled its new charger product architecture, which is described as a “generational leap in AC Level 2 charging.” The new ChargePoint technology designed for consumers in North America and Europe will enable vehicle-to-everything (V2X) capabilities and the ability to charge your EV in as quickly as four hours.
ChargePoint is not only a seasoned contributor to EV infrastructure but has established itself as an innovative leader in the growing segment. In recent years, it has expanded and implemented new technologies to help simplify the overall process for its customers. In 2024, the network reached one million global charging ports and has added exciting features to support those stations.
Last summer, the network introduced a new “Omni Port,” combining multiple charging plugs into one port. It ensures EV drivers of nearly any make and model can charge at any ChargePoint space. The company also began implementing AI to bolster dependability within its charging network by identifying issues more quickly, improving uptime, and thus delivering better charging network reliability.
As we’ve pointed out, ChargePoint continues to utilize its resources to develop and implement innovative solutions to genuine problems many EV drivers face regularly, such as vandalism and theft. We’ve also seen ChargePoint implement new charger technology to make the process more affordable for fleets.
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Today, ChargePoint has introduced a new charger architecture that promises to bring advanced features and higher charging rates to all its customers across residential, commercial, and fleet applications.
Source: ChargePoint
ChargePoint unveils maximum speed V2X charger tech
This morning, ChargePoint unveiled its next generation of EV charger architecture, complete with bidirectional capabilities and speeds up to double those of most current AC Level 2 chargers.
As mentioned above, this new architecture will serve as the backbone of new ChargePoint chargers across all segments, including residential, commercial, and fleet customers. Hossein Kazemi, chief technical officer of hardware at ChargePoint, elaborated:
ChargePoint’s next generation of EV chargers will be revolutionary, not evolutionary. The architecture underpinning them enables highly anticipated technologies which will deliver a significantly better experience for station owners and the EV drivers who charge with them.
The new ChargePoint chargers will feature V2X capabilities, enabling residential and commercial customers to use EVs to power homes and buildings with the opportunity to send excess energy back to the local grid. Dynamic load balancing can automatically boost charging speeds when power is not required at other parts of the connected building structure, enabling efficiency and faster recharge rates.
ChargePoint shared that its new charger architecture can achieve the fastest possible speed for AC current (80 amps/19.2 kW), charging the average EV from 0 to 100% in just four hours. That’s nearly double the current AC Level 2 standard (no pun intended).
Other features include smart home capabilities where residential or commercial owners can implement the charger within a more extensive energy storage system, including solar panels, power banks, and smart energy management systems. The new architecture also enables series-wiring capabilities, meaning fleet depots, multi-unit dwellings, or even residential homes with multiple EVs can maximize charging rates without upgrading their wiring configuration or energy service plan.
These new chargers will also feature ChargePoint’s Omni Port technology, enabling a wider range of compatibility across all EV makes and models. According to ChargePoint, this new architecture complies with MID and Eichrecht regulations in Europe and ENERGY STAR in the US.
The first charger models on the platform are expected to hit Europe this summer followed by North America by the end of 2025.
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Crashing oil prices triggered by waning demand, global trade war fears and growing crude supply could more than double Saudi Arabia’s budget deficit, a Goldman Sachs economist warned.
The bank’s outlook spotlighted the pressure on the kingdom to make changes to its mammoth spending plans and fiscal measures.
“The deficits on the fiscal side that we’re likely to see in the GCC [Gulf Cooperation Council] countries, especially big countries like Saudi Arabia, are going to be pretty significant,” Farouk Soussa, Middle East and North Africa economist at Goldman Sachs, told CNBC’s Access Middle East on Wednesday.
Spending by the kingdom has ballooned due to Vision 2030, a sweeping campaign to transform the Saudi economy and diversify its revenue streams away from hydrocarbons. A centerpiece of the project is Neom, an as-yet sparsely populated mega-region in the desert roughly the size of Massachusetts.
Plans for Neom include hyper-futuristic developments that altogether have been estimated to cost as much as $1.5 trillion. The kingdom is also hosting the 2034 World Cup and the 2030 World Expo, both infamously costly endeavors.
Digital render of NEOM’s The Line project in Saudi Arabia
The Line, NEOM
Saudi Arabia needs oil at more than $90 a barrel to balance its budget, the International Monetary Fund estimates. Goldman Sachs this week lowered its year-end 2025 oil price forecast to $62 a barrel for Brent crude, down from a previous forecast of $69 — a figure that the bank’s economists say could more than double Saudi Arabia’s 2024 budget deficit of $30.8 billion.
“In Saudi Arabia, we estimate that we’re probably going to see the deficit go up from around $30 to $35 billion to around $70 to $75 billion, if oil prices stayed around $62 this year,” Soussa said.
“That means more borrowing, probably means more cutbacks on expenditure, it probably means more selling of assets, all of the above, and this is going to have an impact both on domestic financial conditions and potentially even international.”
Financing that level of deficit in international markets “is going to be challenging” given the shakiness of international markets right now, he added, and likely means Riyadh will need to look at other options to bridge their funding gap.
The kingdom still has significant headroom to borrow; their debt-to-GDP ratio as of December 2024 is just under 30%. In comparison, the U.S. and France’s debt-to-GDP ratios of 124% and 110.6%, respectively. But $75 billion in debt issuance would be difficult for the market to absorb, Soussa noted.
“That debt to GDP ratio, while comforting, doesn’t mean that the Saudis can issue as much debt as they like … they do have to look at other remedies,” he said, adding that those remedies include cutting back on capital expenditure, raising taxes, or selling more of their domestic assets — like state-owned companies Saudi Aramco and Sabic. Several Neom projects may end up on the chopping block, regional economists predict.
Saudi Arabia has an A/A-1 credit rating with a positive outlook from S&P Global Ratings and an A+ rating with a stable outlook from Fitch. That combined with high foreign currency reserves — $410.2 billion as of January, according to CEIC data — puts the kingdom in a comfortable place to manage a deficit.
The kingdom has also rolled out a series of reforms to boost and de-risk foreign investment and diversify revenue streams, which S&P Global said in September “will continue to improve Saudi Arabia’s economic resilience and wealth.”
“So the Saudis have lots of options, the mix of all of these is very difficult to pre-judge, but certainly we’re not looking at some sort of crisis,” Soussa said. “It’s just a question of which options they go for in order to deal with the challenges that they’re facing.”
Global benchmark Brent crude was trading at $63.58 per barrel on Thursday at 9:30 a.m. in London, down roughly 14% year-to-date.
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