Tag Archives: Electric

ePropulsion reports 200% growth in 2021

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 ...

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Torqeedo expands direct distribution in Sweden

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 ...

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Torqeedo unveils new electric outboard

Torqeedo has announced it has added a lighter and more affordable electric outboard to its product line. The new Travel 603 is the latest addition to Torqeedo's line-up of clean, quiet portable electric outboards (video). The two-horsepower-equivalent, direct-drive, short shaft motor is the lightest in its power class, weighing just 15.5 kg (34 lbs.) complete, including battery. Like the Travel 1103, ...

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Ward’s Marine Electric celebrates 70 years

2021 marks the 70plus years of the founding of Ward’s Marine Electric (WME). Located in the heart of Fort Lauderdale, WME has been a cornerstone of the South Florida marine industry for generations. Founded in 1950, Ward’s Marine Electric is a family-owned business entering the third generation of its 70+ year history. An industry-leading marine electrical company based in Fort ...

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Torqeedo establishes direct distribution in Norway

Torqeedo has announced a new direct distribution organisation in Norway to address the growing market for its marine electric propulsion systems in that region. Norway has a long tradition of seafaring and is a world maritime centre for shipping, shipyards and maritime infrastructure, commercial fishing, offshore oil/gas, ferries, pleasure boats and a rapidly growing offshore wind industry.  “Norway is a ...

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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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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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