What is the Best Reason behind GM getting into Electric Boats? To know on this, watch this CNBC Video
General Motors has bought a 25 percent stake in Pure Watercraft for 150 million Dollars, a Seattle-based startup that makes electric outboard motors and batteries for boats, CNBC reports.
Everything is going electric, including boats. General Motors recently invested $150 million in one start-up, Pure Watercraft, to build an electric pontoon boat.
And several others are working to bring their own battery-powered offerings to market. Could boating be the next industry to go electric after cars?
CNBC
Timestamps and Content of the Video
- Introduction: 2:00
- Chapter 1, Electrifying boats: 2:10
- Chapter 2, Electric boat start-ups: 4:10
- Chapter 3, Demand and bigger vessels: 9:00
