Why GM is getting into electric boats

Why GM is getting into electric boats


Everything is going electric. Cars, delivery vans, buses, garbage trucks and more are rapidly moving to a battery-powered future. With the technology going mainstream, the EV revolution is also making waves in the world of boating. General Motors recently invested $150 million in Seattle-based start-up Pure Watercraft, taking a 25% stake in the company. And several other upstarts are working to bring their own electric boats to market.

The introduction of zero-emission watercraft is significant. Boat engines can be big polluters. And electric systems are more efficient than their internal combustion counterparts. “An electric motor is built for this. It’s efficient at every RPM, full torque at zero RPM, right when it starts up. This is exactly what electric motors are good at” says Andy Rebele, founder and CEO of Pure Watercraft.

Watch the video to learn about how the electric vehicle revolution is taking shape in the world of boating.



Source

Jim Cramer says Tim Cook accomplished something ‘almost impossible’ as Apple CEO
Technology

Jim Cramer says Tim Cook accomplished something ‘almost impossible’ as Apple CEO

CNBC’s Jim Cramer on Tuesday reflected on the legacy of Tim Cook, arguing that the longtime leader of Apple achieved something many in corporate America consider “almost impossible.” “You have heard a lot about Tim Cook today and for good reason,” the “Mad Money” host said. “He built the greatest consumer-based enterprise in history.” Cook, […]

Read More
SpaceX says it can buy Cursor later this year for  billion or pay  billion for ‘our work together’
Technology

SpaceX says it can buy Cursor later this year for $60 billion or pay $10 billion for ‘our work together’

A SpaceX Falcon 9 rocket is displayed outside a Space Exploration Technologies Corp. facility in Hawthorne, California, on March 26, 2026. Patrick T. Fallon | Afp | Getty Images SpaceX said it’s struck a deal with artificial intelligence startup Cursor, obtaining the right to acquire the company for $60 billion later this year, or to […]

Read More
Jim Cramer says these stocks show why you need to trade on fundamentals, not fear
Technology

Jim Cramer says these stocks show why you need to trade on fundamentals, not fear

CNBC’s Jim Cramer said stock sell-offs can be painful for investors, but they can also create opportunities for those willing to look past fear-driven narratives and focus on fundamentals. “Tailspins can be mighty nasty,” Cramer said Tuesday on “Mad Money.” “If you own a stock that’s caught in one, it’s very hard to hang on, […]

Read More