Tag Archives: electric propulsion

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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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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ePropulsion announces E-Series batteries

ePropulsion recently announced the E-Series Lithium Iron Phosphate (LFP) high-performance batteries for the pinnacle of performance in electric boating. The most affordable marine batteries on the market and designed precisely to complement ePropulsion’s lines of Spirit and Navy electric outboard engines, the E-Series offers boaters functionality, while reducing weight and space requirements compared to traditional AGM lead-acid batteries. A key innovation of ...

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Torqeedo establishes sales organization in Italy

Torqeedo announced the establishment of a direct distribution organization in Italy to improve sales and service support for the company’s full range of Torqeedo products and systems - from small, lightweight outboards up to Deep Blue fully integrated propulsion systems. Gennaro Giliberti, who formerly managed project and key account sales for Italy, will now add retail sales to his responsibilities. ...

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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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Torqeedo announces management team changes

Torqeedo recently announced a reconfiguration of its management team, which in future will comprise Dr. Ralf Plieninger and Dr. Michael Rummel. Founder and CEO Dr. Christoph Ballin is moving to the advisory board where he and Dr. Frank Hiller, Chief Executive Officer of DEUTZ AG, will continue to advise and support the company.  “As the founder of Torqeedo, Christoph Ballin ...

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Highfield Boats partners with Pure Watercraft to launch electric RIB line

Highfield Boats electric RIB

Highfield Boats, manufacturer of aluminum-hull rigid inflatable boats (RIBs), has announced a strategic partnership with Pure Watercraft, makers of the Pure Outboard complete electric marine propulsion system. The two companies have collaborated on the design of the new, environmentally friendly Pure Watercraft by Highfield series of all-electric-powered RIBS. We are excited to partner with such an innovative company and to ...

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