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

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…

SUBSCRIBER-ONLY CONTENT

To continue reading, subscribe TODAY!

Gain instant unlimited access to all IBI Plus subscriber content.

  • Subscriptions start from just £35 / €40 / $45 per month
  • Access to global report, insights and news at your fingertips
  • 100% Money back guarantee - Cancel anytime

 

UNLOCK ARTICLE  & KEEP READING – SUBCRIBE TODAY

No commitment, cancel anytime*
Offer ends 31 July 2024
* Cancel anytime during first 4 weeks after initial payment and no further payments will be taken.
Inclusive of applicable taxes (VAT)

 

   Already have a subscription?   

Sign-in to your account