What EV Maritime does

EV Maritime is a New Zealand-based clean-tech design, engineering and technology company founded in 2019 and headquartered in Auckland, focused on decarbonising urban harbour ferry transport. Its core offering is the EVM200 platform — a pre-engineered, 100% battery-electric fast ferry architecture delivered in four production-ready variants (Commuter, Metro, Scenic, and a low-freeboard Urban variant), each 24 metres at 25 knots with foil-assist propulsion, rapid-charge capability, and carbon-fibre composite construction delivering roughly 20% lower embedded emissions and approximately double the lifespan versus aluminium equivalents. The platform is wrapped by a Connected Fleet Intelligence software module providing vessel performance, energy forecasting, predictive maintenance and operational analytics via PLC-based ship/shore connectivity.

The company serves harbour-city transport authorities and operators (Auckland Transport being the flagship customer, with ferries in sea trials in late 2025 ahead of 2026 passenger service), local shipyards that manufacture vessels to EV Maritime's designs (McMullen & Wing in Auckland, AF Theriault in Nova Scotia), and ferry operators requiring training and lifecycle support. Revenue is generated across five streams: design and engineering services, systems integration and equipment package sales, consulting analysis, training and managed maintenance support, and recurring Connected Fleet Intelligence subscriptions. Pricing is quote-based and project-specific, with multi-year enterprise contracts and a go-to-market centred on direct enterprise sales to city/port authorities augmented by heavy conference presence (CFA, Marine Log Ferries, Zero Emission Ferries series, PVA MariTrends, Interferry, European Ferry Shipping Summit) and thought-leadership content via a city-level Analysis microsite.

The business is privately held, employs approximately eight named staff, and has secured partnerships with ABB (shoreside charging), HamiltonJet (waterjet propulsion), and Canada's Ocean Supercluster, alongside membership in industry associations including RINA, PVA, NZ Marine, MERC and the Sustainable Business Network. Disclosed non-dilutive funding comprises roughly NZ$516K of NZ government grants (Callaghan Innovation and EECA) between 2019 and 2023; no equity funding rounds, revenue figures, or corporate ownership disclosures are publicly available.

Name

EV Maritime

Legal name

EV Maritime

Website

https://evmaritime.com

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

1–10 employees

Short description

EV Maritime is a New Zealand-based clean-tech design and engineering company that develops the EVM200 platform of 100% battery-electric fast ferries in four variants, delivering decarbonisation solutions to harbour-city transport authorities, operators, and local shipyards globally.

Ownership category

akta.pro rank

Product category

Electric Ferry Design and Engineering

NAICS

Ship and Boat Building (3366), Search, Detection, Navigation, Guidance, Aeronautical, and Nautical System and Instrument Manufacturing (334511), Ship Building and Repairing (336611)

SIC

Engines & Turbines (3510), Electronic & Other Electrical Equipment (No Computer Equip) (3600)

akta.pro primary industry

Propulsion, Power & Energy Systems Design (Diesel, Hybrid, Electric, Alternative Fuels) (IMAJAGAE)

akta.pro secondary industries

Marine Hybrid & Electric Propulsion Systems (IMAJAHAC), Shore Power & Electrification Systems (Cold Ironing, Charging Interfaces) (IMAJAJAM), Electric & Hybrid Leisure Craft Manufacturing (IMAJAEAK)

Keywords

• Electric ferry design
• Battery-electric vessels
• Marine decarbonization
• Harbour electrification
• Naval architecture

Headquarters

HQ city

Auckland

HQ country

New Zealand

HQ region

Oceania

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Supply Chain, Infrastructure

Revenue model

1. Design and engineering services: Provision of highly-evolved digital design and engineering packages (geometry, structures, mechanical, electrical, fitout) to boat builders and city customers on a project basis. Includes tender build packages, capability assessment and bid review services.
2. Systems integration and equipment package sales: Contractual supply of fully integrated system equipment package taking responsibility for vessel performance; underwrites project confidence. Includes ABB-delivered fast charging infrastructure for end customers.
3. Analysis and consulting services: System analysis offering including route and service analysis, fleet simulation, energy demand modelling, financial forecasting, and life cycle analysis to support ferry electrification decisions for cities.
4. Training and maintenance support services: Staff training programmes spanning planning, operations, crewing and maintenance, plus remote and hands-on maintenance support services for operators transitioning to electric fleets.
5. Connected fleet intelligence / data services: Ongoing analysis and reporting service enabled by vessel data systems, providing energy reporting, operational analysis and predictive maintenance outputs.

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels6 records

Core offering

EV Maritime designs, engineers and integrates a pre-engineered 24-metre, 25-knot battery-electric fast ferry platform (EVM200) available in four variants (Commuter, Metro, Scenic, Urban low-freeboard), built locally by partner shipyards. Around the platform the company wraps design/engineering services, systems integration of propulsion and charging equipment, fleet-intelligence software, and operator training and maintenance support.

Product overview

EV Maritime delivers a unified platform-plus-services offering rather than a single standalone product. The core is the EVM200 family of pre-engineered, 100% battery-electric fast ferries — offered in four named variants, EVM200 Commuter, EVM200 Metro, EVM200 Scenic, and the low-freeboard EVM200LF Urban — customised to each harbour city's requirements and manufactured locally. Wrapped around the platform are six service lines: System Analysis, Digital Design & Engineering, Procurement Assistance and Shipyard Support, Systems Integration, the Connected Fleet Intelligence software module (which provides performance, energy and predictive-maintenance insights across the fleet), and Training and Maintenance Support. Together the platform and services let cities and operators move from route/service analysis through to locally built, operated, and data-connected electric fast ferries.

Differentiator

Problem solved

Functional benefit

Products and services

• EVM200 Commuter Electric Fast Ferry 24m, 25-knot, 100% battery-electric commuter fast ferry configured with foil assist, kiosk, overhead windows, flexible interior layout, top-deck seating, and inclusive boarding for harbour commuter routes. Deployed for Auckland Transport's commuter service.
• EVM200 Metro Electric Fast Ferry

Quantifiable outcome

• Up to 80% reduction in ferry energy cost versus diesel vessels
• +7 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability4 records

Feature6 records

Partnerships

Eleven partnerships are on record, tiered flagship customer and launch partner for the evm200 commuter platform; foundation project underpinning ev maritime's reference deployment., core technology integration partner — delivering auckland's electric ferry charging system (supercharger contract) underpinning the rapid-charge value proposition., core manufacturing partner — established ev maritime in partnership with the owners of mcmullen & wing; shipyard building the initial evm200 commuter ferries., strategic regional shipyard partner for nova scotia, canada bid to build electric ferries., core propulsion technology partner supplying waterjet propulsion systems for ev maritime's electric fast ferry platform (referenced in connection with auckland, san francisco and nz deployments)., industry association membership referenced on the ev maritime 'about' page network section., industry network / classification society partner listed on ev maritime's about page., industry association membership listed on ev maritime's about page., strategic ecosystem partner supporting ev maritime's canadian / nova scotia expansion activity., network membership supporting sustainability positioning. and member of merc consortium as listed on ev maritime's about page network section..

• Auckland Transportflagship customer and launch partner for the evm200 commuter platform; foundation project underpinning ev maritime's reference deployment.Strategic or Co-development PartnerEV Maritime's launch and flagship customer; Auckland Transport is procuring multiple EVM200 commuter electric fast ferries for Auckland's commuter ferry network. ABB won the supercharger contract and McMullen & Wing is building the vessels; ferries were in sea trials in late 2025 ahead of passenger service in 2026.
• ABBcore technology integration partner — delivering auckland's electric ferry charging system (supercharger contract) underpinning the rapid-charge value proposition.Technology or IntegrationABB won the contract to deliver Auckland's electric ferry charging system for the Auckland Transport ferry deployment, providing shoreside fast-charging infrastructure that integrates with EV Maritime's EVM200 vessels.
• McMullen & Wingcore manufacturing partner — established ev maritime in partnership with the owners of mcmullen & wing; shipyard building the initial evm200 commuter ferries.OEM/ Whitelabel/ Licensing PartnerMcMullen & Wing is the shipyard building EV Maritime's initial EVM200 commuter ferries for Auckland Transport; Michael Eaglen was previously CEO of McMullen & Wing before standing down to establish EV Maritime in partnership with the yard's owners.
• AF Theriault & Sonstrategic regional shipyard partner for nova scotia, canada bid to build electric ferries.Implementation/ SI/ Consulting PartnerAF Theriault teamed up with EV Maritime in a bid (July 2024) to build electric ferries for Nova Scotia, combining AF Theriault's shipbuilding capability with EV Maritime's EVM200 design and systems integration.
• HamiltonJetcore propulsion technology partner supplying waterjet propulsion systems for ev maritime's electric fast ferry platform (referenced in connection with auckland, san francisco and nz deployments).Technology or IntegrationHamiltonJet propulsion systems are integrated into EV Maritime's electric fast ferry platform, used in innovative ferry projects across Germany, the United States (San Francisco ferry 'Karl') and New Zealand (Auckland).
• Passenger Vessel Association (PVA)industry association membership referenced on the ev maritime 'about' page network section.OthersEV Maritime is a member of the Passenger Vessel Association, listed as part of the company's network on the About page. EV Maritime also attends PVA MariTrends conferences.
• RINAindustry network / classification society partner listed on ev maritime's about page.OthersRINA logo appears in EV Maritime's 'Our network' section on the About page, indicating a relationship with the classification society for vessel certification.
• NZ Marineindustry association membership listed on ev maritime's about page.OthersNZ Marine industry association logo appears in EV Maritime's 'Our network' section on the About page.
• COSC (Canada's Ocean Supercluster)strategic ecosystem partner supporting ev maritime's canadian / nova scotia expansion activity.Strategic or Co-development PartnerCOSC (Canada's Ocean Supercluster) logo is displayed in EV Maritime's 'Our network' section on the About page, indicating a strategic relationship supporting EV Maritime's Canadian ocean industry activity (e.g., Nova Scotia ferry bid).
• Sustainable Business Networknetwork membership supporting sustainability positioning.OthersSustainable Business Network logo is displayed in EV Maritime's 'Our network' section on the About page.
• MERC (Maritime Emissions Reduction Centre)member of merc consortium as listed on ev maritime's about page network section.OthersMERC member logo is displayed in EV Maritime's 'Our network' section on the About page, indicating membership in a maritime emissions reduction consortium.

Scale indicators7 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• Damen Shipyards: Major European shipbuilder offering electric ferries (e.g., Damen Ferry 2306 E) and E3 (Efficient, Electric, Economical) harbour shuttles. Competes for the same city/port authority electrification programmes but as part of a much broader portfolio and global shipbuilding footprint.
• ABB Marine: Already an EV Maritime partner (Auckland supercharger), ABB also sells its own electric/hybrid propulsion and shoreside charging portfolio. Comparable as a broad incumbent in harbour-ferry electrification infrastructure and a potential partner or competitor depending on the customer.
• Wärtsilä: Large marine technology supplier offering hybrid/electric propulsion systems and integrated solutions for ferries. Adjacent incumbent that competes with EV Maritime's systems integration and propulsion package, often as a Tier-1 supplier or partner rather than platform designer.

Direct peers

• Incat Tasmania: Australian shipbuilder delivering large battery-electric and hybrid ferries (e.g., for Buquebus, Copenhagen). Closely comparable as a fast-ferry platform builder addressing the same harbour-city and short-sea electrification customers as EV Maritime, with overlapping end markets (public transit authorities). It is more established and larger, but competes for similar procurement contracts.
• Fjellstrand: Norwegian aluminium catamaran/ferry builder that delivered the world's first battery-electric car ferry (Ampere) and continues to electrify harbour routes. Directly comparable builder of fast, low-emission passenger ferries competing for similar decarbonisation mandates.
• Artemis Technologies: UK/Northern Ireland developer of the EF-24 Passenger eFoiling workboat, a hydrofoil-assisted battery-electric vessel. Directly comparable to EV Maritime's foil-assist, battery-electric commuter ferry concept and a near-pure competitor for the same harbour-city decarbonisation RFPs.
• Brødrene Aa: Norwegian carbon-fibre fast-ferry specialist (e.g., Future of the Fjords, Legacy of the Fjords). Strong peer because it shares EV Maritime's carbon-fibre hull construction approach and focus on sustainable passenger ferries in environmentally sensitive harbour/fjord settings.

Others

• Brodrene Aa / SMM: Listed as an 'others' adjacency note: industry events and trade shows (Marine Log Ferries, Canadian Ferry Association, Interferry, Workboat) function as quasi-marketplaces where EV Maritime and competing vessel designers meet the same city/port authority buyers — a comparable channel ecosystem rather than a competing firm.

Emerging players

• Corvus Energy: Marine battery system supplier whose ESS packs are used in many of the same electric ferry programmes (Incat, Fjellstrand, others). A partial competitor/complement to EV Maritime's systems integration offering; overlapping on the storage and energy system layer of the same electrification stack.
• Candela Technology: Swedish maker of hydrofoiling electric boats (Candela P-12 Shuttle). Comparable through its foil-assisted, battery-electric platform targeting public-transit operators in harbour cities, although currently smaller and focused on smaller craft.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/evmaritime

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds5 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about EV Maritime