Skip to main content

Torqeedo honored for first-year operations

Torqeedo, a German-based electric outboard manufacturer with a U.S. office in Hawthorn Woods, Ill., was awarded Start-Up of the Year by Deutscher Gruenderpreis.

More than 100,000 companies are founded in Germany every year. Of those, 130 were nominated for the Start-Up of the Year award. This marks the first time the award was given to a company from the marine industry.

To the committee of the Deutscher Gruenderpreis, Torqeedo combined fundamental improvements in electric propulsion, perspective on market opportunities and an international approach into an exceptionally promising enterprise.

"We are extremely proud that our work received such recognition," said managing director and co-founder Christoph Ballin in a statement. "But the award does not belong to the Torqeedo team alone. It belongs also to our customers in 37 countries who support our products and who share our philosophy of clean, strong and modern outboards."

The German start-up prize has been awarded since 2002, in the following categories: Concept, Newcomer, Visionary and Life's Work. The prizes are awarded to entrepreneurs who show outstanding initiative, daring and responsibility, combined with top performance in their given field.

Related

1_ABA

ABA Celebrates 30 Years

The America Boatbuilders Association was founded in 1992 with the objective of collectively buying engines, raw materials and manufactured products at better prices.

1_YEARGIN

Who, Not How

Sometimes, to solve a tough problem, you need to get a different person in the room.

1_WHALESACTION

NMMA: Proposed Speed Rule an ‘Existential Threat’ to Industry

The association is calling on every marine brand, employee and boat owner to file public comment by Oct. 31 over a sweeping regulation to protect North Atlantic right whales.

1_AXOPAR

Axopar and Nimbus Renew Agreement

The boatbuilders have entered an agreement whereby Nimbus Group will retain exclusive rights to sell Axopar boats on the Swedish market.

1_IAN

Hurricane Ian Leaves Devastation in Florida

The storm left a wide swath of destruction, heavily impacting marine interests from Tampa Bay to Marco Island.

Norm

Email Is Your Ticket to Holiday Sales

Developing an effective email campaign can bolster sales and help fill winter coffers at your dealership.

1_NMRA

NMRA Presents Annual Awards

Edson CEO Will Keene and ComMar Sales president Tim Conroy were recognized for their contributions to the marine industry.

1_ PULSE.PING.2

DEALERS: Are Interest Rates Impacting Demand?

This month’s Pulse Report survey asks dealers whether interest rate increases are causing a downturn in boat sales. Take the survey here.

1_EPROPULSION

EPropulsion, Mack Boring Partner with Crest

Pontoon builder Crest will use an ePropulsion Navy 3.0 Evo electric outboard motor and an E175 battery for its 2023 Current model.