Connect with us

Hi, what are you looking for?

x shore electric boat


E-boat Boost: X Shore Gets $50 Million Funding

This is what a vote of extreme confidence looks like.

Innovative Swedish boat builders X Shore raised $50 million in fresh finding this week to help ramp up production of the brand’s Eelex 8000 e-boat, which went into series production earlier this year.

The first X Shore prototypes were launched in January of 2019, following a successful crowdfunding of 1.5 million Euros, followed by another 5 million Euro investment from Swedish business leaders and venture capitalists and a later $17 million raise. This $50 million hit, however, is its biggest yet, and serves as a vote of extreme confidence in the startup boat builder that Forbes called, “the Tesla of the Sea.”

So, why should you care? If you’re looking for a unique and exciting offshore experience withoutthe emotional baggage of internal combustion, you have to look at the X Shore Eelex 8000. The Eelex promises a range of more than 100 nautical miles, a top speed of 35 knots, and silent, clean operation with a transom design that makes it unlike anything else. It’s not just a great boat without ICE baggage, though— it’s a better boat without ICE baggage. And that’s by design.

X Shore | Designed Better

Image courtesy X Shore.

“We’re trying to drive the transformation that you’ve seen in the automotive industry from combustion engine cars to electric cars,” CEO Jenny Keisu told the TechFirst podcast last April. “We’re trying to drive that in the marine segment, and we believe that in order for people to change, the product needs to be better. It needs to be a better user experience. We (people) won’t change just because it’s more environmentally friendly.”

The X Shore features a lot of “standard” EV features like automation, digital touchscreen interfaces, an app that connects it to your smartphone for all manner of monitoring and diagnostics, over-the-air (OTA) software updates, and— of course— rocket-like acceleration from the electric motor’s massive, instant torque. (You know, like Tesla!)

You can get a better sense of what this electric boat is all about in the company’s official product video, “The Full X-Shore Eelex 8000 Experience,” below, then scroll down to the bottom of the page and let us know what you think of the Eelex 8000 and the future of electric boating, in the comments. If you’ve seen enough and you’re ready to drop $329,000 (ish) on a new ocean Tesla, contact BCI Marine in Canada.


Source | Images: X Shore.

I don't like paywalls. You don't like paywalls. Who likes paywalls? Here at CleanTechnica, we implemented a limited paywall for a while, but it always felt wrong — and it was always tough to decide what we should put behind there. In theory, your most exclusive and best content goes behind a paywall. But then fewer people read it! We just don't like paywalls, and so we've decided to ditch ours. Unfortunately, the media business is still a tough, cut-throat business with tiny margins. It's a never-ending Olympic challenge to stay above water or even perhaps — gasp — grow. So ...
If you like what we do and want to support us, please chip in a bit monthly via PayPal or Patreon to help our team do what we do! Thank you!
Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News!

Have a tip for CleanTechnica, want to advertise, or want to suggest a guest for our CleanTech Talk podcast? Contact us here.

Written By

I've been involved in motorsports and tuning since 1997, and have been a part of the Important Media Network since 2008. You can find me here, working on my Volvo fansite, riding a motorcycle around Chicago, or chasing my kids around Oak Park.


You May Also Like


Malcolm Betts of Betts Boat Electrics invited us down to the yacht capital of the Gold Coast at Coomera to show us how he...


Norwegian electric boat motor manufacturer Evoy has added the PERFORMANCE e801 to a rapidly growing list of boats that can now be ordered from...


Canada-based Voltari announced in January that its VOLTARI 260 traveled 91 miles from Florida to the Bahamas on a single charge. The trip was...


Electric cars have grown by leaps and bounds in the past decade, and a large network of mechanics who can service those electric cars...

Copyright © 2023 CleanTechnica. The content produced by this site is for entertainment purposes only. Opinions and comments published on this site may not be sanctioned by and do not necessarily represent the views of CleanTechnica, its owners, sponsors, affiliates, or subsidiaries.