Companies

Crowdfunding is fuelling electric boat motors as Oceanvolt nets €650,000 in four days

IBI , by Tony Esposito2020-09-15T14:24:00

Oceanvolt SD15 electric motor

Electric power and propulsion systems manufacturer Oceanvolt is getting a financial jolt for its electric boat motor development, having raised €650,000 in the first four days of a crowdfunding campaign that hopes to net €1.5m, in what seems to be a growing trend for on-water electric propulsion.

Electric power and propulsion systems manufacturer Oceanvolt is getting a financial jolt for its electric boat motor development, having raised €650,000 in the first four days of a crowdfunding campaign that hopes to net…

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