Teslas of water
- Techfunding News
In many countries all over the world, motorboat cruising is a popular summer activity. However, not many people are aware of the environmental issues and the carbon footprint of motorboat cruising. Reportedly, the small leisure boats require as much fuel as a modern car would per mile, adding to the existing climate crisis. Given the rising gas, however, this summer cruising activity has become quite expensive.
Understanding the importance of resolving these challenges, the maritime players have opted for the electric route to revolutionise the industry. At a time when the auto industry is stirring to go electric, these Teslas of the sea are striving to keep the oceans free from combustion. These companies have also caught the attention of VC firms globally to fuel their growth.