electric boats
Candela’s electric ferries multiply as the startup lines up $25M in new funding
Electric boat maker Candela is approaching cruising speed with $25 million in new funding and the first commercial deployment of its new P-12 ferry in New Zealand. The company has…
Navier partners with Stripe to offer electric boat commute to far-flung employees
Electric boat startup Navier has landed the first official pilot program for its hydrofoiling watercraft, partnering with Stripe to bring passengers from San Francisco’s outskirts to the downtown area. Stripe…
The future is going to be electric, but in the air and on the water that transition is proving more difficult than on land. Candela has taken a big step…
EV boat startup Arc wades into watersports with $70M in fresh funding
Arc is making a splash with investors as it wraps up deliveries of its limited edition $300,000 electric boat and eyes its next target: watersports. And, specifically the kind that…
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Navier’s hydrofoiling electric boat cruises West Coast waterways to line up first pilot programs
Electric boats are still a rarity on America’s waterways, but everyone seems to agree they represent a cleaner, quieter future for our lakes, rivers and coastal waters. Navier has moved impressively quickly from idea to prototype to production boat, and the startup is now touring the West Coast, winning admirers in high places who hope…
Foiled again: Candela raises another $20M to set course for the future of ferries
The company is taking a big bet that bigger isn’t always better, in the hope that smaller can mean faster, greener and more serviceable.
It takes a special kind of boldness to raise a wad of cash, claim to have $90 million worth of preorders, then pivot away from passenger ferries and light container…
Navier’s 30-foot hydrofoiling electric boat hits the water and prepares for production
Electric leisure boat startup Navier has managed to bring its concept hydrofoiling watercraft into reality, and has opened preorders — if you happen to have a few hundred grand laying…
Flux Marine revs up its electric outboard business with $15M A round
The race is certainly on in the electrification of boating … even if everyone is jockeying for position before the market materializes. Flux Marine is joining the likes of Pure…
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Fleetzero looks to capsize the shipping world with electric vessels serving forgotten ports
We’ve been shipping things across the oceans for centuries, and the world’s supply chains increasingly rely on diesel-powered megaships big enough to block entire channels by themselves. How do you decarbonize this monolithic industry? Fleetzero thinks it can with electric vessels making short hops all the way around the Pacific, while relying on smaller ports…
Candela’s hydrofoiling electric boats attract $24M investment in a bid for cleaner seas
Candela makes an unusual style of watercraft called a hydrofoiling boat, which glides above the sea on fins for a smoother, more efficient ride — doubly unusual, in fact, in…
Arc hooks another $30M in investment as EV interest spills over into electric boats
Arc is not even a year old and the electric boat startup has attracted investment from top VC firm Andreessen Horowitz, entertainment industry big wigs and now a $30 million…
GM acquires 25% stake in electric boat company Pure Watercraft
General Motors has taken a 25% stake in Seattle-based electric boating company Pure Watercraft. GM’s move reflects a broadening interest in all things EV, including boats and other vehicles, and…
Will Smith, Kevin Durant and Sean ‘Diddy’ Combs invest in electric boat startup Arc
Arc, a startup that launched 10 months ago with ambitions to electrify everything on the water, starting with a limited-edition $300,000 boat, has captured the attention and capital of some…
Pure Watercraft ramps up its electric outboard motors with a $23M series A
Electric power only started making sense for land vehicles about ten years ago, but now the technology is ready to make the jump into the water. Pure Watercraft hopes that…
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Zin Boats reinvents the electric speedboat in a bid to become the Tesla of the sea
The automotive industry is knee deep in the vast transition to electric, but one place where gas is still going strong is out on the water. Zin Boats wants to start what you might call a sea change by proving, as Tesla did before it, that an electric boat is not just better for the…
