cheap

that buying a yacht is as cheap as a car

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The man who turned JD.com into the Amazon’s biggest Chinese rivalhas just announced his next project. This time it’s not about packages or deliveries in 24 hours: this time it’s about yachts. Yes, those luxury boats that until now only the richest could afford among the rich. However, his plan is not make yachts for millionaires. That can do any. The challenge is to manufacture yachts that any minimally wealthy family can afford. Their goal is to manufacture yachts at the same price as a car. The “Chinese Jeff Bezos.” Richard Liu is popularly known as the “Chinese Jeff Bezos” for having converted your company JD.com into an online commerce giant with its own logistics capable of overshadowing the almighty Amazon. According to ForbesLiu has an estimated net worth of around $5.5 billion, placing her as one of the China’s biggest fortunes. Liu wants to replicate that philosophy of scale and efficiency that he has honed at JD.com in a completely different sector: boat manufacturing. For this purpose, Sea Expandary has been created. a new company which will not be managed directly by him since he will have his own independent CEO. The planned initial investment is around 5 billion yuan (about $723 million), and the goal is so ambitious that it is hard to believe: that any salaried worker can have his own yacht, just as happened with the car decades ago. Price is what changes the rules of the game. The most striking fact of the proposal is the target price for the boats they manufacture. As I collected Asian outlet SCMP, Liu has stated that: “I hope that one day we can build yachts priced at 100,000 yuan (US$14,502), so that they can enter homes like cars do. Yachts must be difficult for ordinary wage workers and ordinary consumers.” To put that figure in context, according to boat insurance portal Admiral Marine, a small entry-level yacht can easily cost between $50,000 and $200,000. The ambition is that this boat will have enough space on board for a family and that its price will not be an obstacle for Chinese households to buy one. Making boats is complex. Building ships is not an easy task. The nautical sector continues to be one of the most artisanal and labor-intensive, with long production cycles and greater flexibility must be applied in the customization of finishes and uses. To reach that price, Sea Expandary would have to radically industrialize the process, limit the variants it offers to its customers and optimize the supply chain. Furthermore, the new company not only aims to be cheap, but also sustainable. Liu has announced that all Sea Expandary yachts will operate with what he has called new energy technologies that focus on the electrification of engines and renewable energy generation systems. This is a positioning that fits well with the industrial policies that China has been promoting in the renewable energy sector that is already is applying in cars. It’s a good business. The yacht market in China is in full boiling. According to the market outlook By the end of 2025 there were 9,850 vessels registered in the country, and more than half of the total fleet had been registered in the last three years. The Chinese Ministry of Transport said that growth is expected to continue over the next five years. The global yacht market, for its part, exceeded $9.83 billion in 2025 and is expected to reach $14.98 billion in 2035, with compound annual growth of more than 4.3%. China is late to this sector compared to Europe or the US. However, China arrives with a more than proven competitive advantage: its industrial-scale production capacity, lower manufacturing costs and the support of public policies. Liu knows this, and he said it bluntly: “Only by doing this can we truly compete with the world’s leading yacht manufacturers in Europe and the United States.” In Xataka | The ultra-rich trade land for a superyacht during the summer: These are some of these floating mansions Image | Flickr (Fortune Brainstorm Tech 2018), Pershing

Apple has only found one option to make a cheap laptop: make it a mobile

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The new MacBook Neo It costs 699 euros because it has the iPhone 16 Pro chip inside. Not the M4 from a couple of years ago, neither the M3 nor the M2. The A18 Pro: the same processor as many people have in their pocket. Apple has solved the price problem by doing something that until recently would have been unthinkable in its own mental architecture: reuse a mobile chip in a laptop. They put it in an aluminum case with a keyboard and hinge, gave it a new name, and sold it as if it were a different category. It is not. It is something more similar to an iPhone without a touch screen, with a trackpad and keyboard, and with macOS on top. For years, Apple has maintained (implicitly but consistently) that the Mac and iPhone were worlds apart, with different chips, for different uses. ARM architecture unified the foundation six years ago, but the M family and the A family followed separate paths: one for the desktop, the laptop and the tablet; another for mobile. That separation has sustained an entire product hierarchy. The Neo just killed it. Apple is admitting that the mobile chip is sufficient for most customers’ laptops. It is a recognition that has more implications than the price. If the iPhone chip is good enough for a Mac, what exactly the hell were we paying for before? The answer is… Apple’s margin. And the name. And the feeling that a Mac was something qualitatively different from a mobile phone with a keyboard. Now that feeling has a reference price: 600 euros difference between the cheapest MacBook and the most expensive iPhone. And the Neo’s USB-C ports don’t support Thunderbolt because the A18 Pro It doesn’t support it, so that’s not a product decision, it’s an original limitation that Apple has accepted as sufficient. The Neo isn’t exactly a strategic bet either. It’s more like an admission.. Apple had spent years without anything really competitive below 1,000 euros and it knew it, which is why sold the M1 in the United States for $700 as an emergency maneuver. On this side of the Atlantic, the empire of reconditioned and second-hand goods was taking away too many sales. The iPad with keyboard did almost the same thing as the entry-level MacBook Air and cost less, with the disadvantage of iPadOS but with greater versatility due to the touch screen and the option of using it undocked. The only way down was to cross the internal borders that Apple itself had built between its chip families. And there is what the Neo leaves in the air, more interesting than any specification: if the mobile chip is already sufficient for the work laptop of the majority, the convergence between both categories is not a future hypothesis. This is what Apple just put in its window for 699 mutts. In Xataka | Apple made a splash with its cheapest iPhone. And the iPhone 17e is coming to repeat the play Featured image | Apple

Apple is back with the ‘cheap’ MacBook. This time it’s really cheap

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Five devices in three days. That was Apple’s plan for this week, a plan that culminates with the new MacBook Neo. This is a new attempt by the company to bite into the cheap laptop segment and, although we know that ‘cheap’ does not mean the same for us as it does for Apple, in this case… it is true. Next, we go with all the features of a MacBook Neo that targets a very specific segment and that does not come with an M processor, but with that of the iPhone 16 Pro. Yes, we have not missed the mark with the iPhone model. MacBook Neo technical data sheet MacBook Neo screen 13 inch LED screen Resolution of 2,408 x 1,506 pixels 219 pixels per inch 500 nits brightness processor A18 Pro RAM 8GB storage 256GB ports UBS-C 480 Mb/s USB-C 10GB/s Headphone port WEIGHT 1.23kg Camera FaceTime HD at 1,080p Connectivity Wi-Fi 6e Bluetooth 6 battery 36.5 Wh battery 20W charging Up to 16 hours of battery price From 699 euros Laptop body, iPhone 16 Pro heart The design of the MacBook Neo is very reminiscent of the MacBook Air with the latest redesign. At least, on the outside, with those very rounded corners and a somewhat more robust finish. On the sides there are only two ports (two USB-C that do not go at the same speed, but can be used interchangeably for charging) and the two speakers. The body is made of aluminum, the keyboard has good-sized keys and the trackpad is as large as usual, but the pronounced bezels return on the screen. If the iPhone 17e maintains the traditional notch, the cheap MacBook has not switched to the notch of its older brothers. The screen has a maximum brightness of 500 nits (which is not too much, but enough for indoors) and the resolution yields a density of 219 pixels per inch. On the outside it looks like a MacBook but the trick is that on the inside it’s not a MacBook: it’s an iPhone. In your file in the web From Apple, the company does not dwell much on the processor either. It simply says that it is enough for daily tasks. What tasks? Emails, video calls, surfing the Internet… and puts many practical cases in the classroom. We are looking at a MacBook for students or for mobility with up to 16 hours of autonomy. And, again, it is thanks to the fact that its SoC is that of a mobile phone. This is the Apple A18 Pro, the same one that ‘fit’ the iPhone 16 Pro. It is a more than enough chip for daily tasks, for somewhat more demanding tasks such as occasionally editing a video, for consuming content and even for games. But, even if it has a mobile SoC, the system is MacOS, with everything that this implies in terms of productivity, functionality and the interconnection that we are already accustomed to with the iPhone. The iPad is sure to watch with jealousy that an Apple A18 Pro can handle macOS while he rides up to an M5 with iPadOS. MacBook Neo launch and price The MacBook Neo will hit the market on March 11. You can book now and will arrive at two prices: 256 GB capacity with Magic Keyboard for 699 euros. 512 GB capacity with Magic Keyboard with Touch ID for 799 euros. And, like its brothers, it will not include a power adapter. In development…

make it so cheap that it is “invisible” to the user

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DeepSeek is the spearhead when we talk about artificial intelligence from China. Not only does it have a great performancebut the own Microsoft has raised the alarm by pointing out that its policy is allowing it to gain users in markets in which others such as OpenAI has it more difficult. Other companies like Tencent or Alibaba are taking giant steps in the fight for AI, and a few days ago ByteDance –TikTok– presented a Seedance 2.0 which is impressive… and now it’s giving you headaches. But the great ones are not the only ones, and with a China focused on the development of robotics and AIwe must talk about other smaller ‘players’. Zhipu AI and MiniMax are two of the “tigers“that, in just a few years, have raised hundreds of millions of dollars and that have models that have a radically different philosophy to that of OpenAI and other Western giants. Their models are sold as life companions, tools that people can use on a daily basis without worrying about the price. And, within that speech, MiniMax just launched the M2.5, a model that wants to become a “digital employee” and that its managers have classified as its first “frontier model” so cheap that it is not worth measuring the price. AI too cheap to worry about price M2.5 is now official and, as stated South China Morning PostMiniMax did not want to waste the opportunity to launch it in a hectic week for the AI ​​industry in China. Technically, M2.5 is an LLM – large language model – that can handle about 230 billion total parameters, but only uses 10 billion per token. Being a Mixture of Experts system, each call only involves the experts directly necessary to resolve the request. Bringing the figure down to earth, that means that it is a capable model, but by user request does not use its full potentialwhich implies low inference costs and very low prices for users. Those responsible for it claim that the price is just one dollar per hour of continuous operation, spending 100 tokens per second. This means that you can have an “agent” working continuously throughout that time at a price between 10 and 20 times lower than other models such as Opus, Gemini 3 Pro either GPT-5. Such an aggressive policy makes M2.5 a model “too cheap to quantify,” according to those responsible. facilitating that mass adoption because the user can stop optimizing each order he gives to the AI. That phrase “too cheap to put in” it’s a wink to the historic comment that electricity from nuclear energy would be too cheap to measure. Internal score in different tests | Image: MiniMax And something important is that M2.5 is not a simple chatbot. It is available on platforms such as Ollama, HuggingFace, ModelScope in China or GitHub, and MiniMax itself points out that 30% of the company’s internal tasks are already carried out by M2.5 itself. Furthermore, 80% of new code is generated by the model. That is, it is more optimized for working alone than for chatting. This code created by code thing is not unique to M2.5, and Codex and Opus is also in this boat. The model has already been put to the test and, although in some tasks it achieves notable results, especially compared to other models open-weightits score is far from that of the closed models. In the results internal from the company itself, managed to double the score of the previous model, the M2.1, but as SCMP points out, these internal benchmark scores are difficult to verify independently. Internal benchmark in coding | Image: MiniMax But, in the end, whether more or less capable compared to other models, MiniMax M2.5 is another example of the strategy that China is pushing with artificial intelligence. While the United States is striving to demonstrate that it has increasingly powerful and capable proprietary models, AI is in a narrative in which aims to promote cheaper and more useful models for the user. This implies not only that they have a good performance/price ratio, but also that they can run on everyday devices without enormous computing power. And now that, supposedly, certain Chinese companies You will be able to get your hands on some of the best GPUs of NVIDIA to train AI, the boost to that strategy may be notable. Images | MiniMax (edited) In Xataka | There is another race equally important as the one for chips to win AI and in that China takes the lead

Spain wants to become a “bunker” for data centers with a very clear attraction: cheap energy

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Spain finds itself facing a historic opportunity. In the offices of big technology companies—from Amazon (AWS) until Microsoft or Google—the map of the Iberian Peninsula shines with its own light. The geographical location and the deployment of fiber optics have made the country the ideal candidate to be the great “cloud” of southern Europe. However, there is a toll: these data centers (DPCs) consume electricity at an industrial pace. Only the Community of Madrid investments are played worth 23.4 billion euros linked to these projects, while regions like Aragon see how the demand from these centers threatens to absorb half of all the energy they occurs in the community. But until now, Spain had a barrier to entry: an electrical regulation designed for steel foundries, not for servers. In order not to miss the investment train, the Government has decided to make a move and change the rules of the game. A change of rules in the BOE. The Ministry of Industry and Tourism has activated the legislative machinery. The goal is to allow data centers can access to the Statute of Electrointensive Consumers, a category that until now was reserved for large heavy industry and that allows receiving million-dollar compensation on the electricity bill. In fact, the first step is now official. Through a resolution of the Secretary of State for Industry published last January, the Government has eliminated with a stroke of a pen and as a matter of urgency the main technical obstacle for the 2026 campaign: the “off-peak” requirement. The previous regulations required companies to consume at least 46% of their electricity during the cheapest hours (generally at night) to receive aid. This, which works for a factory that can put on night shifts, is impossible for a data center that operates 24/7. The new resolution considers this requirement fulfilled for all applicants this year, a “technical amnesty” designed to facilitate the entry of new actors. However, it is not an isolated patch. In parallel, the Ministry has submitted to public consultation a Royal Decree Project to reform the Statute in a structural way. The text, whose hearing process has already included the sector’s allegations, explicitly recognizes that the current regulations have been ‘misaligned’ and need to be adapted to strengthen the competitiveness of companies in the face of high energy prices. The end of the tyranny of the night. To understand the importance of this measure, you have to look at the sky. The old rule required consumption at night because, historically, that was when electricity was cheap. But the explosion of solar energy in Spain has changed the paradigm: now, the cheapest hours tend to occur at midday, when the sun shines brightly, generating what experts call the “duck curve” in prices. Maintaining the obligation to consume at night was not only a bureaucratic barrier for data centers, but also economic and ecological nonsense in the Spain of 2026. By eliminating this requirement, the Government not only helps technology companies, but also adapts the law to the reality of an electrical system dominated by renewables. Less bureaucracy and more compensation. The Government’s plan to seduce data centers does not consist of paying for their electricity directly, but rather of shielding them from indirect costs. The reform proposes two courses of action: money and simplification. Compensation of hidden charges: The new Statute will allow subsidizing costs that increase the bill but are not energy consumption, such as contributions to the National Energy Efficiency Fund (FNEE). According to industry sourcesthis charge is around 2 euros per megawatt hour and has a tendency to rise. Alleviating this burden is vital for technology companies’ numbers to turn out green. Administrative facilities: The entrance exam has been relaxed. Along with the elimination of off-peak hours, the BOE has set a new technical ratio (ratio between consumption and added value) of 0.61 kWh/€ by 2026. In addition, cumbersome requirements are eliminated, such as the requirement for very specific long-term renewal contracts, which generated a disproportionate administrative burden. The missing piece of the puzzle. Despite the red carpet rolled out by the Ministry, the sector remains cautious. From SpainDC, the association that brings together data centers in Spain, they value the elimination of the off-peak hour requirement as a “relevant advance”, but they warn that the party has only just begun and they still do not have the official invitation in hand. The problem is bureaucratic, but lethal: the CNAE (National Code of Economic Activity). To be an electro-intensive consumer, your activity must appear on a closed list of eligible sectors. If the Government reforms the technical requirements but does not expressly include the “Data Processing” code (6311) in that list, the reform will be a dead letter for them. “For data centers, the inclusion of the CNAE is a premise. Without it, certification is still not within our reach,” employers warn the Energy Newspaper. Added to this is the underground tension due to the capacity of the network: it is not enough for energy to be cheap, there must be “plugs” available. The Electrical Network It is saturated in key pointsand the sector demands urgent investments so that the promised megawatts actually reach the servers. A seduction in the testing phase. Spain has sent a clear message to international markets: it wants to be Europe’s great data warehouse and is willing to modify its sacred industry laws to achieve it. The BOE resolution for 2026 It is the test of faitha temporary safe passage to prevent the flight of investments. However, the ultimate success of the strategy depends on the fine print that is written in the coming months. If the structural reform of the Royal Decree ends up including data centers in the official list of beneficiary sectors, Spain will have completed its transformation: from a country of sun and sand, to a country of sun and data. Image | freepik Xataka | Meta is spending millions and millions of dollars convincing us of one thing: that data … Read more

The electric car needs cheap batteries. And a Spanish region is closer to giving it to them: Extremadura

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It’s just the go-ahead but it’s a key go-ahead. It is what will allow Yuneng International Spain New Energy Battery Material SLU to launch a project in Mérida to produce lithium iron phosphate (LFP/LiFePO₄). In other words, Mérida will be key to producing essential materials for the manufacture of LFP batteries. Batteries that aspire to be essential in the popularization of the electric car. Merida. It was the place chosen by Yuneng International Spain New Energy Battery Material SLU to build a factory that can produce lithium iron phosphate. The project will be located in the Expacio Mérida business park and will extend across 467,000 square meters after the Government of Extremadura has confirmed the approval of the environmental declaration for this factory. The project aims to have financing of 800 million euros and generate 500 jobs to produce the planned capacity of 50,000 tons per year of these materials. In the first phase they will mobilize between 116 and 125 million euros of investment creating about 160 direct jobs, they point out in Motorpassion. Why is it key? The production of lithium iron phosphate is essential for LFP batteries. Batteries are made up of modules and these, in turn, are made up of cells. In each cell there is an anode and a cathode. It is in the cathodes of LFP batteries where lithium iron phosphate sheets are located. Without them, the batteries would not work. In batteries of this type there are small lithium particles on the anode (negative pole). These particles move to the cathode (positive pole) through a liquid electrolyte found inside. This is when the electric current is generated which is then used by the motors to move the wheels. LFP Batteries. LFP batteries are one of the big promises of the electric car to make models cheaper and popularize this technology. It is a technology that offers less autonomy than NMC (cathode formed by nickel, cobalt and manganese) or NCA (nickel, cobalt and aluminum) because they have lower energy density. However, these batteries are cheaper because lithium and iron are cheaper than nickel or cobalt. And, in addition, they are safer and better resist load cycles so they will be more durable. This is essential for smaller cars, which will have less autonomy and must undergo a greater number of charging cycles but with the backpack of not being able to raise its price. Estremadura. In recent years, Extremadura has become relevant in the electric car supply chain. In addition to this lithium and iron phosphate production plant, in Navalmoral de la Mata (Cáceres) it is already rising a plant to produce complete batteries. This factory was designed to produce NMC batteries but has pivoted to produce LFP accumulatorsso both industries can be connected when the time comes. Additionally, the region is rich in lithium. Next to Cáceres it is believed that there are one of the largest deposits in Europe. The mine that should exploit this deposit has encountered the opposition from some neighbors and environmental platforms which has paralyzed the project. However, up to three of the seven projects that the European Commission wants to carry out in Spain for the exploitation of minerals and rare earths They are in Extremadura. The cheap electric car. To popularize the electric car, China has been betting on LFP batteries for years. In Europe, most electric cars have opted for batteries that include nickel or cobalt because they allow greater charging and discharging power and autonomy but are more expensive. Over the years, this has changed. Renault works with LFP batteries for the entry-level range of electric cars such as the Twingo or the Renault 5 (in the future). Tesla also uses them in the more modest versions of Model 3 and Model Y. In Spain, CATL is going to manufacture this type of batteries in Zaragoza for the smaller Stellantis cars. And Volkswagen too has this type of accumulator in mind for its most affordable electric cars that will come out of the Martorell line. Photo | Mercedes and Google Maps In Xataka | Europe has its hope in the 25,000 euro electric car and Volkswagen already knows who will manufacture it: Spain

Bringing fiber to rural Spain does not come cheap. This interactive map tells you exactly how much it cost

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Those of us who live in urban areas take it for granted that we have fiber coverage, but there are many rural areas from Spain where fiber has taken a long time to arrive and even some where they are still waiting for it. To ensure coverage of the entire territory, the government launched subsidies for operators to deploy their network. Now we have a map to know the status of all deployments, interactive and non-profit. The map. It has been developed by Fernando García Álvarez, a software engineer who has contacted us to publicize his creation. It is an independent and non-profit initiative. Its objective was to gather all the information on fiber deployment plans, both the previous PEBA and the current UNICO plans in a single place, something that until now had to be consulted through various sources. His name is Fiber Programs and when we open it we find a heat map of the entire peninsula, with the red areas representing the areas with the greatest coverage and the yellow areas representing the least coverage. Detailed information. To obtain all the information on the different programs you have to zoom in and click on one of them. Here we can see which operator is carrying out the deployment, which plan it belongs to and other more in-depth data such as the total amount of the subsidy and the completion deadline. This is especially useful for those projects that are still underway because it allows you to know when a specific zone will be connected. Subsidies. That in 2026 there will be those who do not have a fiber connection is shocking, but there is a reason why there are still areas without this infrastructure: it is not profitable for operators to bring their infrastructure to an area where there are very few inhabitants. From this need was born the Broadband Extension Program or PEBA. The plan was active from 2013 to 2020 and subsidized almost 800 projects from more than 100 operators. In 2024, the UNICO Broadband plan took over the baton, with more than 18 million euros and with Avatel and Adamo as the main recipients of the aid. Spain and fiber. Although there are some areas left to cover, they are the least. The reality is that 95% of the Spanish territory has access to fiber optics, which places us well ahead of the European average, which is 64%. Our colleagues from Xataka Móvil made a devastating comparison: a town in Soria has better internet than Berlin. Image | Fiber Programs In Xataka | In 2023 Spain tried to create its own “Starlink” to connect the rural world: it has failed miserably

2025 broke the dream of cheap electricity

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At the beginning of 2025, Spain’s energy story was one of absolute success, coming to work only with renewables. But the “Great Blackout” of April 28 threw a jug of cold water on the country’s climate ambitions: greenhouse gas emissions rose 0.6%breaking a years-long trend. How is it possible to emit more when we have more solar panels than ever? The answer lies in a technical paradox: the Spanish electrical system entered into “reinforced mode”prioritizing the stability of gas over the cleanliness of renewables. Gas as a “bodyguard.” After that incident, Red Eléctrica (REE) adopted a “reinforced operating mode”. This adjustment involves intervening in the market to ensure that there are always “firm” plants (gas, nuclear and hydraulic) operating to give inertia and stability to the network tension. The problem is that this decision has marginalized cheap energy. As detailed by the Sustainability Observatory (OS)gas consumption in combined cycles shot up 26% after the blackout. Spain has been burning gas preventively to prevent the system from collapsing, even at times when the sun was abundant. This has caused the curtailment (clean energy wasted because the grid cannot manage it) will triple, going from 1.8% to 7.2% between May and July. The third “rate” in history. This forced dependence on gas has directly hit the pocketbook. According to a study by Facuathe electricity bill for an average user with a regulated tariff (PVPC) became 15.5% more expensive in 2025. With an average annual bill of 975.88 euros, 2025 is the third most expensive year in history, only behind the years of the energy crisis due to the War in Ukraine. The maintenance of this “anti-blackout insurance” has cost 422 million euros in technical extra costs, which companies like Iberdrola they have already started to have an impact on the renewed contracts of its clients. So why is there more energy but the price goes up? Herein lies the great technical paradox of last year. Spain installed 8,852 MW of new renewable power last year, according to REE data. However, the network is saturated since 83.4% of the electrical nodes no more connections allowed. The root of the problem is unbalanced investment. While Europe invests 70 cents in networks for every euro in renewables, Spain only invest 30. In addition, the country ranks 13th in battery capacity in Europe. Without storage, the system is rigid: if the sun hits suddenly, only the gas can react in time. Even domestic self-consumption failed in the April blackout: only 33% of homes they have batterieswhich left millions of users in the dark despite having their panels at full capacity. It is not the only one responsible for the emissions. The OS report points out that the rebound in emissions It’s not just electric. Spain approached 100 million of visitors in 2025, skyrocketing the consumption of kerosene (+5%) and gasoline (+8%). Added to this is a year of climatic extremes: fires They burned 400,000 hectaresreleasing 19 million tons of CO2, four times more than the average. Horizon 2026. The immediate future is not simple. For this new year, an increase in tolls and charges from the Government of up to 12%. In addition, the system faces a new challenge: the massive installation of data centers. In Aragon, these complexes are expected to consume so much energy that will further strain the network. To avoid collapse, the Government has activated “capacity markets”. Basically, gas plants will be paid simply for “being there” and not closing, an expensive but necessary insurance until the planned 2,600 MW of batteries or the synchronous compensators that promise to provide stability without burning methane are deployed. Europe’s laboratory. At the international level, Spain has assumed the vice presidency of the International Renewable Energy Agency (IRENA) to lead the global transition in the face of the departure of the US under Trump’s mandate. But political leadership contrasts with internal fragility. Spain has shown that it is possible to expel coal from the system, but also that the abundance of cheap energy is useless if there are no cables to transport it or batteries to store it. As a source in the sector succinctly summarizes:: “The mistake was not putting up panels, but forgetting about the networks.” Without this investment, gas will continue to be the owner of the Spanish night and responsible for the electricity bill continuing to break records that no one wants to boast about. Image | freepik and Anton Osolev Xataka | The “reinforced mode” that prevents a new blackout will cost us 422 million euros. Iberdrola has already begun to collect it

China sold cheap batteries for years. The problem is that in the meantime no one built an alternative

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For more than a decade, the world became accustomed to an idea that seemed unquestionable: batteries—the heart of electric cars, of renewable energies, of data centers and of modern warfare— would be increasingly cheaper. China mass-produced them, dominated the technology, controlled critical materials and accepted minimal margins, even losses. For the West, the model was comfortable: import, reduce costs and accelerate the energy transition. That normality, however, has begun to crack. A turning point in the Chinese market. In recent months, several lithium battery manufacturers have begun to announce price increases after almost three years of fierce competition and below-cost sales. According to South China Morning Postthe most visible case is that of Deegares, which reported an increase of 15%, opening a debate on whether the sector is beginning to emerge from the “involution” cycle, a dynamic in which producing more, selling cheaper and earning less had become the norm. The immediate trigger has been the rise in the price of lithium, which has risen around a 70% from its annual minimum. This rebound responds to several overlapping factors: the rise of data centers for artificial intelligence, a rebound in demand for electric vehicles in China and an increasingly explicit intervention by the State to organize the sector. The Chinese Ministry of Industry itself has gathered to the main market players and has promised to accelerate measures to stop the so-called “irrational competition”. A stressed model. Sales prices for energy storage systems in China have plummeted by up to 80% in just three years. Some companies operate with gross margins of 15% to 20% in the domestic market, a far cry from the 40% or 50% common in the United States. The real profitability, analysts cited by SCMP admitwas in exports. And exporting, China has continued to dominate. This year it has managed to sell lithium batteries worth more than $69 billion. According to the analysis of energy expert Gavin Maguire in Reutersthis milestone is explained by the voracious hunger of Germany and the United States for large-scale storage systems, essential to stabilize electrical networks saturated by renewables and data centers. In practice, every new AI data center in Europe or North America starts with a silent dependency: thousands of batteries designed, manufactured and assembled in China. The low price hid an uncomfortable reality. All this time there was a truth that no one said out loud, perhaps because it was so obvious: there was no real Chinese alternative. This new year 2026 will be marked by the massive expansion of data centers that power artificial intelligence, facilities that consume amounts of electricity comparable to that of a small city and that need large-scale batteries to guarantee a continuous supply. Google has installed more than 100 million lithium-ion cells in its data centers, while Microsoft plans to eliminate diesel generators before 2030, replacing them with batteries to meet their climate goals. The forecasts confirm that the risk is not theoretical. The International Energy Agency sums it up crudely. If in 2024 China manufactured 99% of the world’s LFP cells and refined most of the critical materials such as lithium and graphite. For its executive director, Fatih Birol, depend on a single country For a strategic technology, it is a risk comparable to that posed to Europe by its dependence on Russian gas. The Chinese adjustment. Far from retreating, Beijing now seeks to organize the sector without losing its dominance. State intervention translates to braking the most extreme overcapacity, review mining licenses, limit sales at a loss and allow prices to rise to sustainable levels. The objective is not to make batteries abruptly more expensive, but to prevent a strategic industry from self-destructing by competing with itself. Control of raw materials remains the central lever. China process around of 80% of the world’s lithium and produces nearly 90% of the anodes and electrolytes used in batteries. When the United States or Europe impose tariffs, China responds by restricting exports of critical metals. The message is unmistakable: the power lies not only in making batteries, but in controlling every link in the chain. The Western Response. In parallel, the United States and Europe are trying to react. According to Sprott’s reportWestern governments have begun to treat lithium and batteries as strategic assets. Washington has invested directly in mining projectshas multiplied the number of planned gigafactories and has included restrictions on the purchase of Chinese batteries in defense legislation. Europe is following a similar, albeit slower path, supporting local extraction and refining projects and seeking to reduce its dependence on China. Big oil companies like Exxon either Chevron have entered the lithium business, and countries like Germany finance domestic production to ensure supply and reduce geopolitical risks. Still, the consensus among analysts it is clear: replicating the Chinese model will take years. Environmental regulations, labor costs and the absence of centralized industrial planning make competing on price impossible for now. Decoupling, if it comes, will be slow, expensive and politically uncomfortable. A planned domain. It is the direct result of the plan Made in China 2025with which Beijing decided to stop being the world’s cheap factory to become a technological leader. China already dominates solar panels, wind turbines, electric vehicles and lithium batteries. In addition, it controls strategic minerals such as graphite and has vertically integrated the entire value chain. In fact, the Asian giant It is the first “electrostate” in the world: a power whose power is no longer based on oil, but on renewable gigawatts, electrons and batteries. This strategy has reduced its emissions, weakened petrostates and turned its energy industry into a tool of global influence. The true cost of batteries. For years, this low price allowed us to accelerate the global energy transition, but it also created a deep and silent dependency. Now that China begins to organize its market, raise prices and prioritize its own industrial strategy, the world begins to discover the real cost of having delegated the heart of its energy system. Batteries are no … Read more

If the question is whether we will be able to buy a cheap combustion car in 2035, we already have the answer: no.

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The European Commission has presented its proposal for lighten emissions obligations for manufacturers in 2035. It is the confirmation that, if finally approved, Germany has won. And the country has gone on its own in its pressure on the European Union but, in addition, the new proposal reflects the true concerns of its industry. To better understand what has happened, we must remember. In 2022, The European Parliament approved the ban to sell cars that emit CO2 in 2035. The objective was reduce emissions by 100% pollutants target of 2021 and, therefore, that eliminated the possibility of selling any car that used this technology. That is to say, Europe had to jump to the electric car whether it wanted it or not. Some time later, with Germany and Italy putting pressure, the possibility was approved for cars sold from 2035 onwards to use combustion engines powered by efuel. These are synthetic fuels that, supposedly, during their production capture the same or greater amount of CO2 than that emitted by the exhaust pipe. If this is true, the car would be carbon neutral. With the wording that the car must be neutral in carbon emissions, the door was also open to the use of hydrogen cars (both in fuel cell as in format hydrogen combustion). These cars are also carbon neutral for the same reason, but along with their water vapor they do expel certain particles that are harmful to humans such as NOx or fine particles. At the time, the European Union kept a letter. The objectives could be revised and this This is what the European Commission has done. This has approved a proposal that has to be ratified by the European Parliament and the States (Council of Europe). Although it is not, therefore, official, it does anticipate that we will see changes in the rule. This regulation has several key points: The carbon emissions target is reduced from 100% to 90% compared to 2021 figures. The door opens to create a category that has become popular as eCarsmall electric cars (less than 4.2 meters), with their own regulation that will count as 1.3 cars when calculating the fleet’s emissions. The objectives of reducing emissions by 55% in 2030 are postponed to 2032. In those years, a space opens up in which manufacturers will have to comply with the proposed objectives by the end of 2032, with an average of those three years. A measure similar to the one that has been opened in the period 2025-2027. And this completely defines which cars can be sold. The data As we said, Germany has gotten away with these pressures. And in recent days we have seen two clearly differentiated fronts. Spain and France were willing to maintain regulation just as it was. Another group, cwith Germany in the leadproposed the revision of the objectives but the country, however, did not sign the letter of the six dissident countries in which Europe was asked to reverse its environmental policies regarding automobiles. Now, with the requirements that are proposed by the European Commission We know that, if it is finally approved, cars with combustion engines will continue to be sold. But as long as the average fleet of cars on the street guarantees that 90% reduction in emissions, which in practice leaves sales in a vast majority of electric cars punctuated by pure combustion vehicles. It must be taken into account that reducing CO2 polluting emissions by 90% compared to 2021 means that the fleet average will not be able to exceed 11.6 gr/km of CO2 (in 2021 it was 116 gr/km). That implies a ridiculous consumption of just 0.5 l/100 km of gasoline. A figure that is almost impossible to achieve for a specific car. Until now, plug-in hybrids were around 1l/100 km and CO2 averages of 50 gr/km in their official approvals. An already very high figure but will rise with the entry of the new calculation system multiplying the record in CO2 emissions. To compensate for this, a car only has one option left: increase its battery. The intention for 2035 is that plug-in hybrids will have a lot greater electrical autonomy. To give us an idea, the plug-in hybrid with the greatest autonomy on the market right now is the Lynk&Co 08 with 200 approved electric kilometers. Despite everything, Its CO2 emissions remain at 23 gr/km of CO2. That is, they double the maximum allowed in 2035. With this data, the company has to sell one electric car for each of these plug-in hybrids to be right within the limit of permitted CO2 emissions. But, in addition, Homologation criteria will be much stricter from 2028. So much so that a plug-in hybrid car that in 2021 registered around 50 gr/km of CO2 is expected to exceed 120 gr/km of CO2 with the new approval. Therefore, Lynk&Co should sell more than two electrics for each plug-in of the aforementioned Lynk&Co 08. The other option for an electrified vehicle with a combustion engine is the extended range electric vehicle. This type of car is, in practice, a plug-in hybrid but its combustion engine is designed for emergencies. So far we have seen cars like the Mazda MX-30 sold under this name but, in reality, they have a 50 liter fuel tank. What will have to arrive will be more similar to the first BMW i3 REX (the version with range extender) whose tank was 9 liters and, therefore, it was designed for an emergency. Expensive, very expensive Taking all this into account, it is clear that emissions obligations have been relaxed but it is still essential for manufacturers to continue selling a large number of electric vehicles. In practice, the best news for them is that 2025 fines postponed to 2027 and, therefore, they have two more years to comply with the obligation to place the average of emissions from its fleet at 93.6 gr/km of CO2. The plan was to fine 95 euros for each gram exceeded and … Read more

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