Electric Boats
- Company typePrivate
- Founded2020
- HeadquartersTauranga, New Zealand
- Headcount11–50
- GTM typeB2B
- OfferingHardware or Manufacturing
Electric Boats firmographics
Firmographics- Name
- Electric Boats
- Website
- https://electricboats.biz
- Company type
- Private
- Founded year
- 2020
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
Electric Boats industry classification
Industry- Product category
- Electric Commercial Marine Vessels
- NAICS
- Boat Building (336612), Ship Building and Repairing (336611)
- SIC
- Motors & Generators (3621)
- akta.pro primary industry
- Marine Hybrid & Electric Propulsion Systems (IMAJAHAC)
- akta.pro secondary industry
- Electric & Hybrid Leisure Craft Manufacturing (IMAJAEAK)
Keywords
Where Electric Boats is headquartered
LocationHeadquarters
- HQ city
- Tauranga
- HQ country
- New Zealand
- HQ region
- Oceania
Markets served
Electric Boats business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Technology or R&D, Personnel, Operations, Marketing or Sales
Electric Boats product offering
Product offeringCore offering
Electric Boats is a manufacturer of electric and hybrid commercial vessels. The company designs and builds custom electric boats and electric seagliders for fast, zero-emission water transportation between coastal cities, and offers retrofit conversion services to electrify existing fuel-powered boats. Its technology enables rapid transit such as reducing the Abu Dhabi to Dubai water route to approximately 25 minutes.
Differentiator
Problem solved
Functional benefit
Products and services
- Custom-built electric and hybrid commercial boats Custom-designed and manufactured electric and hybrid vessels for commercial water transport operators, optimized for fast, zero-emission coastal transit.
- Electric seagliders High-speed electric seaglider watercraft designed to significantly reduce coastal city-to-city travel times, such as cutting the Abu Dhabi to Dubai water route to approximately 25 minutes.
- Boat retrofit conversion services Conversion of existing fuel-powered boats to electric propulsion, enabling fleet operators to electrify their current vessels rather than purchase new ones.
Quantifiable outcome
- Reduces Abu Dhabi to Dubai water travel time to just 25 minutes
Companies that use Electric Boats
Customer profileSegments2 records
Ideal customer profiles2 records
Electric Boats technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
Electric Boats partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- E1 Electric-Boat LeaguecoreThe E1 Electric-Boat League is a racing competition for electric boats. Electric Boats participates in this league, which had its third season generating significant buzz. The league represents a platform for showcasing electric boat technology through competitive racing events.
Recent moves3 records
Expansion highlights4 records
Electric Boats competitors and assessment
Company assessmentDirect peers
- Candela Speed Boat: Swedish maker of electric hydrofoil boats (e.g., Candela C-8) targeting coastal commuters and leisure customers. Most directly comparable to Electric Boats on electric marine propulsion and coastal city-to-city water transit.
- Pure Watercraft: U.S.-based maker of electric outboard propulsion and complete electric boats. Comparable in combining electric marine propulsion IP with finished vessels and a focus on zero-emission recreational and light-commercial use.
- Duffy Electric Boat Company: Long-established U.S. manufacturer of electric leisure boats primarily for harbors, lakes, and residential waterways. Comparable as a pure-play electric boat OEM targeting recreational and low-speed coastal use cases.
- X Shore: Swedish electric boat manufacturer producing premium leisure electric craft. Directly comparable on electric vessel manufacturing and a similar sustainability-led value proposition aimed at coastal and recreational buyers.
- Silent-Yachts: Builder of solar- and electric-powered catamarans for cruising and charter. Comparable on a full-vessel electric/solar architecture and a premium, sustainability-led positioning for coastal and offshore customers.
- Torqeedo: German manufacturer of electric boat propulsion systems (outboards, inboards, hybrid drives). Comparable as an electric marine propulsion technology provider and as a potential component/retrofit partner to Electric Boats.
- Vision Marine Technologies: Public company developing electric outboard powertrains and electric boats for the recreational marine market. Comparable as a competitor in the electric marine propulsion space and through participation in E1-style racing ecosystems.
Broad incumbents
- Hinckley Yachts: Established American luxury yacht builder that has introduced an all-electric model (Dasher). Comparable as an incumbent that has validated electric propulsion in the leisure marine segment and competes for premium coastal buyers.
Emerging players
- RAND Boats: Danish maker of design-forward electric leisure boats sold in limited series. Comparable as an emerging electric boat specialist targeting premium coastal and recreational customers in Europe.
Others
- E1 Series (UIM E1 World Electric Powerboat Series): The racing league in which Electric Boats is a strategic partner. Not a product competitor, but the primary ecosystem platform the company is leveraging for visibility, making it the most relevant ecosystem counterpart.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights5 records
Customer concentration
Electric Boats social profiles
Digital presenceElectric Boats financial estimates
Financial estimateRevenue estimate
Valuation estimate
Electric Boats leadership team
Management profileNumber of profiles
Electric Boats funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Electric Boats M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Electric Boats
What does Electric Boats do?
Electric Boats is a manufacturer of electric and hybrid commercial vessels. The company designs and builds custom electric boats and electric seagliders for fast, zero-emission water transportation between coastal cities, and offers retrofit conversion services to electrify existing fuel-powered boats. Its technology enables rapid transit such as reducing the Abu Dhabi to Dubai water route to approximately 25 minutes.
When was Electric Boats founded?
Electric Boats was founded in 2020. It employs 11 to 50 people.
Where is Electric Boats based?
Electric Boats is headquartered in Tauranga, New Zealand, in the Oceania region.
Who are Electric Boats's main competitors?
Direct peers on record are Candela Speed Boat, Pure Watercraft, Duffy Electric Boat Company, X Shore, Silent-Yachts, Torqeedo and Vision Marine Technologies. Hinckley Yachts is listed as a broad incumbent. RAND Boats is listed as an emerging player. E1 Series (UIM E1 World Electric Powerboat Series) is listed as an others.
Does Electric Boats have an API?
No public API is recorded for Electric Boats.
What industry is Electric Boats in?
Electric Boats's product category is Electric Commercial Marine Vessels. Its primary akta.pro industry code is IMAJAHAC, Marine Hybrid & Electric Propulsion Systems, with a secondary code of IMAJAEAK, Electric & Hybrid Leisure Craft Manufacturing. Its NAICS code is 336612 and its SIC code is 3621.