Myth VS Fact: MARCH
Myth:
"Electric boating doesn't make sense for the average boater"
Fact:
Electric boats are the future of boating.
In fact, the electric boating industry is expected to grow to 7.37 billion USD by 2031. With advancements in technology happening every day, we are getting closer to the reality that electric boating can be for anyone.
Increase in Partnerships
Partnerships between electric motor and hull manufacturers bring the best of both worlds to boaters around the world.
For example the team at Flux Marine is working with established hull designers and manufacturers like Highfield and Scout to power a RIB and a bowrider with 100% electric propulsion. Another example is Evoy who have recently teamed up with Axopar to launch the AX/E line of fully electric adventure boats. Read more about the line up and their partnership here.
To stay up to date on all key industry partnerships, check out our monthly newsletter where we cover all the latest.
A New Definition of Boat Ownership
Electric boats are not only changing the impact boating has on our environment but also what it means to be a boat owner. Imagine this, gone are the days where you have to worry about when you need your next engine oil change or when to replace your fuel filters. Ninety-nine percent of the maintenance required of typical gasoline powered motor will be eliminated with the adoption of electric propulsion. Some studies show that electric boat owners save at least $2,000 every year on maintenance alone compared to those who own a traditional gas powered boat.
More Options for Restricted Waterways
For those who live on or close to restricted waterways are usually limited in their choice of watercraft due to regulations on motor size, noise pollution, and other factors. Due to the lack of emissions during operation, and near no noise, electric watercraft provide more options so boaters can pick a boat that matches their style while complying with restrictions on waterway to keep impact on the ecosystem low.
Key Takeaways
The future of boating is electric, and the industry’s rapid growth reflects that reality. As partnerships between manufacturers bring cutting-edge technology to the water, boat ownership is being redefined with lower maintenance costs and fewer hassles. Meanwhile, the expansion of electric options opens new opportunities for boaters in restricted waterways. With the market expected to reach $7.37 billion by 2031, it’s clear that electric boating isn’t just a trend—it’s the next evolution of how we explore the water. Whether for sustainability, convenience, or innovation, the shift to electric is making waves, and the best is yet to come.
