Torch Hybrid Boat Co. was named a recipient of a Dare to Dream grant from The Samuel Zell & Robert H. Lurie Institute for Entrepreneurial Studies at the University of Michigan’s Ross School of Business. The company, which designs and builds boats with hybrid engines, received a $500 venture-shaping grant. Dare to Dream awarded funding…more
With advances such as diesel-electric inboards and electric and propane-powered outboards, the industry continues to improve the way it powers boats.
An international collaboration of marine and technology companies say their latest boat project, the fully electric 23 eFusion, topped 47 knots in recent sea trials. Goldfish Boat, founded in Norway, and Fort Lauderdale-based ReGen Nautic USA displayed the 23-foot vessel in August at the Norway Boat Show and last weekend at the Monaco Yacht Show.…more
The Union Internationale Motonautique, the world governing body for powerboating activities, announced that its 2010 Environmental Award winner is the Long Range 23 by Mochi Craft-Hybrid Propulsion with Zero Emission Mode from Ferretti Group-AYT Advanced Yacht Technology. The trophy will be presented Saturday at the annual UIM Awards Giving Gala at the Salle des Etoiles…more
International Battery, a Pennsylvania-based designer and developer of large-format batteries and energy storage units, announced it is joining with Electric Marine Propulsion to build hybrid power units for big boats and yachts. The partnership with EMP, of Fort Myers Beach, Fla., will aim to build a hybrid powertrain for the world’s largest plug-in, hybrid-electric sailboat…more
Global Industrial Products recently launched its new business division, Evergreen Drive Systems. “Evergreen is the direct response to the increased need for clean energy integrated drive systems and demand of on-site engineering support,” the company said in a statement. “Evergreen is a specialized solutions provider focused on electric vehicle components and drive systems used primarily…more
A new boat manufacturer is moving into the Caddo Manufacturing plant in Vivian, La. Epic Wake Boats has announced it will use the facility and the plant’s work force to produce its electric and hybrid boats. The company’s plans also include producing two recreational electric cars at the facility, The Shreveport Times newspaper reports. Epic…more