Tag Archives: electric boats

Ingenity increases electric boat capacity

Ingenity increases electric boat capacity

Ingenity Electric is increasing its capacity to build electric boats as part of parent company Correct Craft’s investment in 300,000 square feet of manufacturing space near its headquarters in Orlando. The new space will support growing demand for more sustainable boating solutions like the award-winning, 100%-electric Nautique GS22E. Ingenity President Sean Marrero stated, “The Nautique GS22E is incredible. It shows ...

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Pure Watercraft acquires ELUX Marine to expand electric boating

Pure Watercraft has acquired ELUX Marine, a Minnesota-based electric luxury pontoon boat manufacturer. The equity-based transaction combines ELUX’s expertise in the lucrative Upper Midwest boating market with Pure Watercraft’s electric outboard motors and complete electric boats. ELUX Marine was founded in 2017 by Howard Root, a former medical device entrepreneur and lifetime Minnesota boater, and Bart Jones, a Minnesota boat ...

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Electric outboard motor manufacturer receives new funding

Pure Watercraft electric outboard

Electric boating technology company Pure Watercraft closed a total Series A financing of $37.5M, including a previously-announced $23.4M. The funding round was led by L37, a hybrid venture capital and private equity firm. L37 Managing Partner Randall Ussery will also join Pure Watercraft's board of directors. Driven by its mission to make boating more enjoyable, accessible, and environmentally-friendly, Pure Watercraft brings direct-to-consumer ...

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Brunswick expands electrification capability

Brunswick logo

Brunswick Corporation continues to develop solutions to further improve boater experiences both by advancing the efficiency and capabilities of its core product lines and through its ACES (Autonomy, Connectivity, Electrification & Shared Access) strategy.  In order to advance this strategy, Brunswick is establishing new leaders with strong technology experience and strengthening its development capability and investments in electrification technology and ...

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VETUS returns to the electric market

VETUS electric motor

VETUS, one of the pioneers of electric propulsion, has launched new solutions for both the new build and refit sectors. The company is is initially introducing two electric propulsion systems  – the E-POD package, designed for installation in the vessel’s stern, and the E-LINE range, which is ideal as a standard in-board diesel engine replacement. The E-LINE and E-POD systems are ...

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Designed-for-electric folding boat enters the market

AquaNaut folding boat

Following five years of research and testing, AquaNaut Boats enters the recreational market with a new folding boat specially-designed for use with an electric outboard. The AquaNaut 270 is an 8-foot twin hull boat, folding down to three inches for roofrack transport on any car, with the heaviest component weighing 36 pounds. The company says assembly can be completed in ...

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Ingenity delivers first electric boats

Ingenity delivers new electric boats to Lake Tahoe

Ingenity, a subsidiary of Correct Craft’s Watershed Innovation group, has delivered the first initial 100% electric Nautique GS22E production units to customers in both the U.S. and in Europe. In addition, Ingenity has installed an innovative automotive style “EB” (electric boat) charger on Lake Tahoe. “Our innovation team members have poured themselves into this project knowing that connecting with end customers ...

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Power play: Electric boats charge up the boating industry ladder

By David Gee Although an early electric boat was developed by German inventor Moritz von Jacobi in 1839, it took more than 30 years of battery and motor development before they became more practical – and popular. And it’s taken another 150 years for them to become a four-and-a-half billion dollar segment worldwide. The battery and motor development didn’t stop, ...

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Talking outboards with BRP’s Tracy Crocker

Tracy Crocker BRP Marine

The sale of outboard motors have gone up significantly in the past decade or so. In fact, before the COVID-19 crisis, outboards hit a 13-year high in terms of unit sales. Boating Industry editor-in-chief David Gee caught up with Tracy Crocker of BRP Marine at the Miami International Boat Show before anyone was talking about coronavirus to discuss what has ...

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