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Japan, South Korea and Taiwan are considering investing in a massive natural gas project in Alaska in an attempt to reach trade deals that would both satisfy demands from President Donald Trump and avoid high U.S. tariffs on their exports.

Alaska has long sought to build an 800-mile pipeline crossing the state from the North Slope in the Arctic Circle to the Cook Inlet in the south, where gas would be cooled into liquid for export to Asia. The project, with a staggering price tag topping $40 billion, has been stuck on the drawing board for years.

Alaska LNG, as the project is known, is showing new signs of life — with Trump touting the project as a national priority. Treasury Secretary Scott Bessent said earlier this month that the liquified natural gas (LNG) project could play an important role in trade negotiations with South Korea, Japan and Taiwan.

“We are thinking about a big LNG project in Alaska that South Korea, Japan [and] Taiwan are interested in financing and taking a substantial portion of the offtake,” Bessent told reporters on April 9, saying such an agreement would help meet Trump’s goal of reducing the U.S. trade deficit.

Taiwan’s state oil and gas company CPC Corp. signed a letter of intent in March to purchase six million metric tons of gas from Alaska LNG, said Brendan Duval, CEO and founder of Glenfarne Group, the project’s lead developer.

“You can imagine the geopolitical enhancements whether it’s for tariff or military reasons — Taiwan is really, really focused on getting that signed up,” Duval told CNBC in an interview. CPC has also offered to invest directly in Alaska LNG and supply equipment, Duval said.

March trade mission

Duval and Alaska Governor Mike Dunleavy traveled to South Korea and Japan on a trade mission in March, meeting with high-ranking officials in government and industry. Japanese and South Korean companies have asked whether their development banks can help finance Alaska LNG, Duval said.

“Lately, there has been quite a lot of inquiries from India, so there’s a fourth horse that’s entered the race,” Duval said. Thailand and other Asian countries have also shown interest, he said.

The Alaska LNG project has three major pieces: The pipeline, a gas processing plant on the North Slope and a plant to liquify the gas for export at Nikiski, Alaska. These facilities are estimated to cost roughly $12 billion, $10 billion, and $20 billion respectively, Dunleavy said at an energy conference in Houston in March.

The permits for Alaska LNG are already in place, the CEO said. Glenfarne expects to reach a final investment decision in the next six to 12 months on the first phase of the project, a pipeline from the North Slope to Anchorage that will supply gas for domestic consumption in Alaska, Duval said.

Construction on the LNG plant is expected to begin in late 2026, the CEO said. The goal is to complete construction on the entire Alaska LNG project in four and a half years with full commercial operations starting in 2031, he said.

Alaska LNG plans to produce 20 million metric tons of LNG per year, equal to about 23% of the 87 million tons of LNG that the U.S. exported last year, according to data from Kpler, a commodity researcher.

‘Unleashing’ Alaska’s resources

Alaska plays a central role in Trump’s goal to boost production and exports of U.S. oil and gas, part of the White House’s agenda for U.S. “energy dominance.” The president issued an executive order on his first day in office seeking to tap Alaska’s “extraordinary resource potential,” prioritizing the development of LNG in the state.

“We’ll have that framed on our walls in Alaska for decades,” Gov. Dunleavy said at the Houston conference last month, referring to the executive order.

Once a net importer, the U.S. has rapidly become the largest exporter of LNG in the world, playing an increasingly vital role in fueling power plants in Asia and Europe for allies with limited domestic energy resources. Japan and South Korea, for example, each took about 8% of U.S. LNG exports last year, according to Kpler data.

The Trump administration views Alaska LNG as “an important strategic project,” Interior Secretary Doug Burgum said at the Houston energy conference. LNG exports from Alaska would reach Japan in about eight days rather than having to pass through the congested Panama Canal from terminals on the Gulf Coast, Dunleavy said at the same conference.

“They can have the opportunity to get delivered to them the most efficient LNG from an allied partner,” while avoiding chokepoints, Duval said. “This is the only LNG the U.S. can supply that has a direct route, and they are very cognizant about that in today’s environment.”

North Pacific talks

Trump told reporters during a joint press conference with Japanese Prime Minister Shigeru Ishiba in February that the two countries were discussing the pipeline and the possibility of a joint venture to exploit Alaska oil and gas. Trump said he discussed the “large scale purchase of U.S. LNG” in an April 8 phone call with South Korea’s acting President Han Duck-Soo, and Korea’s participation in a “joint venture in an Alaska pipeline.”

Japan wants to maintain its security agreement with the U.S. against a rising China and avoid tariffs, officials at the Alaska Industrial Development and Export Authority told the Alaska Senate finance committee during a February presentation. “We are now in a completely ‘transactional’ trade world,” the executives said. Tokyo must invest more in the U.S., buy more LNG and enter a joint venture linked to Alaska oil and gas, they said.

The project would likely be a structured as a loose joint venture, with Asian partners signing contracts for large volumes of LNG, Duval said, and won’t necessarily translate into Japan, Taiwan and South Korea holding direct equity stakes in Alaska LNG, though Glenfarne is open to the possibility, he said.

Glenfarne’s goal is to be the long-term owner and operator of Alaska LNG with partners, Duval said. Glenfarne is a privately-held developer, owner and operator of energy infrastructure based in New York City and Houston. The company assumed a 75% stake in Alaska LNG from the Alaska Gasline Development Corporation in March, with AGDC keeping 25%.

Roadblocks and commercial viability

The Trump administration is clearly pressuring Japan, South Korea, and Taiwan to invest in Alaska LNG, said Bob McNally, president of Rapidan Energy and former energy advisor to President George W. Bush. Although Japan wants to both placate Trump and diversify its LNG supplies, Tokyo may yet hesitate to invest in Alaska LNG due to the project’s cost, complexity and risk, McNally said.

Another roadblock is that Democrats could return to power in 2028 and try to stop the project from advancing, citing environmental effects, McNally said. President Joe Biden, after all, paused permits for new LNG exports to countries including Japan that don’t have free trade agreements with the U.S. But Trump reversed Biden’s suspension as part of a torrent of executive orders tied to energy on his first day in office in January.

In addition to political risk, Alaska LNG “doesn’t have a clear cut commercial logic,” said Alex Munton, head of global gas and LNG research at Rapidan. “If it did, it would have had a lot more support than it has thus far, and this project has been on the planning board for literally decades,” Munton said. There are more attractive, existing LNG options for Asian customers on the Gulf Coast, he said.

The project is expensive even by the standards of an LNG industry that builds some of the costliest infrastructure in the energy sector, Munton said. The price tag of more than $40 billion likely needs to be revised upwards given that it is two years old, the analyst said.

“You have to assume that the costs are going to be much higher than the publicly quoted figures,” Munton said. Alaska LNG will likely need “public policy or a public commitment of funds to bring it to life,” the analyst said.

Duval said Alaska LNG will be competitive with no government subsidy. “It is a naturally competitive source of LNG, independent of the geopolitical benefits, independent of the tariff discussions,” he said.

“We have the support of the president of the United States,” Dunleavy said in Houston. “We have Asian allies that need gas. Geopolitical alliances are changing. Tariff questions are coming up. When we really look at it in that context, it’s a very viable project.”

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ENGWE Engine Pro 2.0 e-bike at exclusive new $750 low, Anker eufy S220 solar cam $65, Linkind smart solar spotlights from $23, more

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July 31, 2025

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ENGWE Engine Pro 2.0 e-bike at exclusive new 0 low, Anker eufy S220 solar cam , Linkind smart solar spotlights from , more

Leading today’s pack of Green Deals is an exclusive 50% discount for our readers on the ENGWE Engine Pro 2.0 Folding e-bike at a new $749.50 low. Right behind it we have Anker’s eufy SoloCam S220 Solar Security Camera starting at $65, with some multi-pack discounts also available, as well as multi-packs of Linkind’s Smart Solar Spotlights starting from $23. From there we have a 3-in-1 tool bundle with replacement parts from Worx, a 60V 610 CFM cordless leaf blower from Greenworks, and more waiting for you below. Plus, all the hangover savings at the bottom of the page, like yesterday’s ECOVACS Goat RTK robot lawn mower low price, Rad Power’s RadWagon 4 cargo e-bike discount, and more.

Head below for other New Green Deals we’ve found today and, of course, Electrek’s best EV buying and leasing deals. Also, check out the new Electrek Tesla Shop for the best deals on Tesla accessories.

Commute up to 68 miles with exclusive 50% savings on ENGWE’s Engine Pro 2.0 folding e-bike at a new $749.50 low

We’ve secured an exclusive and budget-friendly deal from Wellbots for our readers on the ENGWE Engine PRO 2.0 Folding e-bike at $749.50 shipped, after using the exclusive promo code 9TO5ENGWE50 at checkout for 50% off. This model would normally run you $1,499 here, which we’ve seen discounted as low as $1,149 from the brand over the last year. That price is getting strong-armed out of the way with this exclusive deal that gives you a 50% markdown, putting nearly $750 back into your pocket at the best new price we have tracked.

A great alternative option for riders who want a reliable means to get through their commutes without shelling out $1,000 or more on other brands, the ENGWE Engine Pro 2.0 e-bike is a folding model that saves on space while also providing some significant travel support. The 750W rear hub motor peaks at 1,200W and comes paired with a removable 16Ah battery for up to 68 miles of pedal-assisted travel (five levels supported by a torque sensor) at up to 20 to 28 MPH top speeds, depending on what your local laws allow. Of course, you’ll have the option for pure electric travel via the throttle, though keep in mind this reduces the mileage to around 30 miles on one full charge.

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For the low price you’re getting on ENGWE’s Engine Pro 2.0, you’ll be scoring some solid features, including hydraulic disc brakes for greater stopping power, puncture-resistant all-terrain fat tires so you don’t have to fear what you may ride over, and an 8-speed Shimano derailleur for versatile pedaling options. That’s not all, as you’ll also be getting a rear cargo rack, a full suspension system, and a smart LCD screen for performance data and setting adjustments – plus, the whole thing weighs in at 70 pounds, so it’s manageable regardless of your rural/suburban/urban environment.

rain falling onto Anker eufy SoloCam S220 solar security camera

Upgrade your home security with Anker’s solar-powered eufy SoloCam S220 camera at $65

Anker is offering its eufy SoloCam S220 Solar Security Camera at $64.99 shipped, after using the on-page promo code at checkout for $35 off the price, which is beating out Amazon’s pricing by $5. Coming down off its $100 full price tag while the savings last, this model has been regularly seen dropping to $70 and more recently going lower to $65 over the last handful of months, only beaten out by the $62 low we first saw appearing during Prime Day at the top of the month. You’re looking at 35% markdown while the savings last, giving you the second-best price we have tracked if you missed out on the one-time Prime Day low. You’ll also find the camera’s multi-pack options starting from $129.99 shipped here.

If you want to learn more about this solar-powered security device, be sure to check out our original coverage of this deal here.

Daytime and Nighttime differences with Linkind's smart solar spotlights lining walkway

Save up to 34% on multi-packs of Linkind’s Smart Solar Spotlights starting from $23

By way of its official Amazon storefront, Linkind is offering its Smart Solar Spotlights starting at $22.99 shipped for a 2-pack. The price is coming down from its $35 tag, with them having spent a significant portion of recent months at $24, with some falls to $23 (including during Prime Day) and one earlier drop to the $21 low back in April. You’re looking at a 34% markdown here that cuts $12 off the tag for the second-best price we have tracked, landing just $2 above the all-time low. You’ll also find its larger bundles benefitting from discounts, with the 4-pack down at its second-best price of $48.99 shipped, after clipping the on-page 30% off coupon, while its 8-pack is down at a $90.98 low.

If you want to learn more about this outdoor lighting device, be sure to check out our original coverage of this deal here.

man trimming around tree trunk with Worx GT revolution 3-in-1 string trimmer/edger/mini-mower

Pick up the Worx GT Revolution 20V 12-inch string trimmer/edger/mini-mower with spare parts at $83 (2025 low)

Amazon is offering the Worx GT Revolution 20V 12-inch String Trimmer/Edger/Mini-Mower kit that comes with a 2.0Ah battery, 2A charger, three replacement spools, a spool holder, and replacement edger wheels for $82.99 shipped. The combination of the tool and battery alone goes for $130 at full price directly from the brand’s website, where it’s currently priced, but we’ve been seeing this larger bundle package keep down to $100 for much of the time since late March. While we have seen it drop lower in the past, the additional $17 savings from its recent going rate is the best price we have tracked over the last 12 months, even beating out its Prime Day pricing by $2.

If you want to learn more about this 3-in-1 tool, be sure to check out our original coverage of the deal here.

man clearing large pile of leaves in yard with greenworks 60V 610 CFM cordless leaf blower

Clear out your yard with up to 610 CFM air flow through this 60V Greenworks cordless leaf blower at $142

Amazon is offering the Greenworks 60V 610 CFM Cordless Leaf Blower at $142.49 shipped. Normally fetching $200 directly from the brand’s website, where this model is priced $8 higher, we’ve been seeing it keep to $180 in full at Amazon since March, with discounts dropping costs lower between $160 and $140 on average. The lowest we’ve seen this model fall was to a $135 rate on the last of Prime Day’s 4-day event, with the deal today matching the event’s first three days of pricing. You’re looking at the third-lowest price we have tracked, saving you $58 off the MSRP and landing just $7 above the all-time low.

If you want to learn more about this 60V blower, be sure to check out our original coverage of this deal here.

Best Summer EV deals!

Best new Green Deals landing this week

The savings this week are also continuing to a collection of other markdowns. To the same tune as the offers above, these all help you take a more energy-conscious approach to your routine. Winter means you can lock in even better off-season price cuts on electric tools for the lawn while saving on EVs and tons of other gear.

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BYD cuts Yuan Up EV prices to just $10,500 with a new ‘Pilot’ model

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July 31, 2025

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BYD cuts Yuan Up EV prices to just ,500 with a new 'Pilot' model

BYD-Yuan-Up-prices

To celebrate 1.5 million in sales, BYD launched a new Yuan Up “Pilot” EV edition on Thursday with prices now starting at under $10,500.

BYD launches new Yuan Up Pilot with lower prices

The new base model is priced at 74,800 yuan ($11,500), which is about 25% cheaper than the current Yuan Up lineup. Previously, Yuan Up prices ranged from 99,800 yuan ($14,000) to 119,800 yuan ($16,700).

Powered by a 32 kWh BYD Blade battery pack, the new Yuan Up Pilot edition has a CLTC driving range of up to 301 km (187 miles). The other three trims have a range of 401 km (249 miles) from a 45.12 kWh battery.

Given the lower prices, BYD had to cut back somewhere. And it’s not just in range. The lower-priced Yuan Up does not include BYD’s “God’s Eye” smart driving system.

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Earlier this year, BYD upgraded most of its vehicles with the smart driving tech at no extra charge. The other three trims include the “C” version, or the lowest level of autonomy.

BYD-Yuan-Up-prices
BYD launches new lower-priced Yuan Up Pilot edition (Source: BYD)

More expensive vehicles, like those in the BYD Denza and Yangwang series, are equipped with more advanced “A” and “B” systems.

Inside, the cabin appears similar to other models, featuring a 10.1″ floating central infotainment screen and an 8.8″ driver display screen. It still features BYD’s DiLink 50 smart cockpit system, which includes voice control and connectivity support.

BYD-Yuan-Up-interior
BYD Yuan Up EV interior (Source: BYD)

Measuring 4,310 mm in length, 1,830 mm in width, and 1,675 mm in height, the Pilot edition is the same size as other BYD Yuan Up models. That’s about the size of a Hyundai Kona.

BYD-Yuan-Up-prices
BYD launches new lower-priced Yuan Up Pilot edition (Source: BYD)

According to data from CnEVPost, sales of BYD’s Yuan series fell 21% in May (31,711 units) and 29% in June (25,727 units) compared to the same period last year.

Given BYD’s aggressive push for smart tech, the new base Yuan Up could hint that a change in the Chinese automaker’s playbook is in the works. In overseas markets, the Yuan Up is sold as the Atto 2.

Last week, BYD launched its “high-energy super SUV,” the Sealion 06 EV, priced from 139,800 yuan ($21,000).

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Tesla’s new Model Y Performance spotted testing

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2 hours ago

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July 31, 2025

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Tesla's new Model Y Performance spotted testing

Tesla Model Y Performance Juniper prototype hero

A Tesla Model Y Performance prototype was spotted testing in California ahead of its launch in the US, which is expected soon.

Tesla launched the refreshed Model Y, often referred to as ‘Juniper’, in January 2025.

However, as it often does with design refreshes, Tesla didn’t launch the performance version of the best-selling electric SUV with the broader refresh.

The automaker stopped taking orders for Model Y Performance, but we have been expecting the variant to make a comeback under the Juniper design by the end of the year.

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While cycling near Tesla’s Palo Alto engineering headquarters, an Electrek reader spotted a Tesla Model Y prototype in camouflage, which we quickly identified as a Model Y Performance with the Juniper design refresh:

What makes us think this is a Model Y Performance? The wheels look like Plaid 20″ wheels, which are generally reserved for performance versions.

If we zoom in, we can also see that the Model Y appears to feature bigger red brake calipers – another feature that Tesla only offers on performance versions of its vehicles.

Before the refresh, the Model Y Performance achieved an EPA-estimated range of 277–285 miles (446-459 km), depending on the wheel configuration.

It accelerated from 0 to 60 mph in 3.5 seconds.

The new Model Y Performance with the Juniper refresh is expected to slightly improve on those metrics while also bringing some of the other changes introduced in the design refresh, such as a light bar, ambient interior lighting, a rear screen, and more.

Tesla previously sold the Model Y Performance for a base price of $51,500 in the US.

The new version of the vehicle is expected to launch in the coming months.

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