Tag Archives: electric propulsion

ePropulsion, manufacturer of marine electric propulsion systems and services, has announced record sales revenue growth in 2021 and forecasts a strong outlook for 2022. Sales revenue increased 200% year-over-year in 2021, with over 15,000 units sold across the globe. The company estimates a further 100% growth rate in 2022 as more boat owners look to switch to more sustainable boating ...

Torqeedo has expanded its direct distribution organisation to address the growing market for its marine electric propulsion systems in Sweden. “The Swedish people have an intimate connection to their nation’s waters. Approximately one in eight Swedes owns a boat, one of the highest rates in the world,” said Tommi Salonen, Torqeedo’s vice president of sales. “Sweden is also a world ...

Electric outboard propulsion company ePropulsion says it has grown its U.S. dealer network by 60% in 2021. The company said in a press release this has resulted in a year-over-year sales increase for all ePropulsion motors of over 200% with sales of the Spirit series quadrupling. “We are thrilled by the increased interest in our motors both by consumers and ...

Brunswick Corporation launched its 2022 Virtual Consumer Electronics Show (CES) Media Days presentation on Brunswick.com. The event, hosted by Brunswick’s Chief Executive Officer, Dave Foulkes, takes a closer look at the Company’s Next Wave strategy and highlights the future of recreational boating through its ACES (autonomy, connectivity, electrification, shared access) strategy, which will be on display at CES 2022 in Las ...

Marine electric propulsion systems and services company ePropulsion has reportedly secured “tens of millions of dollars” through a B+ Series funding round.  The cash infusion came from investors including Lightspeed China Partners and other existing shareholders who believe in the potential of ePropulsion and marine electric propulsion innovations. ePropulsion has now sold over 12,000 units and achieved an annual sales ...

General Motors has acquired a 25% ownership stake in Pure Watercraft, a Seattle-based company that specializes in creating all-electric boating solutions. According to a GM press release, the collaboration between GM and Pure Watercraft advances a shared vision to promote sustainability through an expansion of zero-emissions mobility for future generations and reflects the holistic approach necessary for widespread EV adoption. ...

Yamaha Marine introduced its HARMO electric outboard system to the U.S. market during the 2021 International Boatbuilders Exhibition and Conference (IBEX) in Tampa, Florida. Coupling a 48-volt power supply with a high-yield, low-drag 3.7-kilowatt motor, HARMO’s rim-drive electric motor and specially encased impeller provide an incredible 225 pounds of static thrust – the equivalent of a conventional 9.9-horsepower gas-powered motor. ...

Brunswick Corporation continues to execute on its Next Wave strategy, announcing that it has acquired RELiON Battery, LLC, a global provider of lithium batteries and related products to multiple industry sectors. Additionally, the Company is announcing plans for a new Electrification Technology Center to be located in Michigan. Both actions support the Company’s ACES (Autonomy, Connectivity, Electrification, and Shared Access) strategy and will enable Brunswick’s Advanced Systems Group (ASG) to extend its leadership position in electrical systems innovation.    “Brunswick’s Advanced Systems Group continues to drive widespread ...

ePropulsion, a global market challenger in marine electric propulsion systems and services, announced the results of its active sponsorship season. Most recently, ePropulsion sponsored the Sailing Tigers, Rochester Institute of Technology (RIT) – Dubai’s entry in the Monaco Energy Boat Challenge 2021. The company has also sponsored Travis Odenbach’s J/70 one-design and is the title sponsorship of the Georgia Total Electric Championship ...

BRP announced its five-year plan where it will offer electric models in each of its product lines by the end of 2026. To achieve this, BRP plans to invest $300M over five years in product development, specialized equipment, infrastructure, production tooling and facilities. “We have always said electrification was not a question of ‘if’ but a question of ‘when’. Today, we’re ...