GM takes 25% stake in Pure Watercraft

GM takes 25% stake in Pure Watercraft

The collaboration will leverage Pure Watercraft's marine propulsion technology with GM's engineering manufacturing capabilities.

General Motors has acquired a 25% ownership stake in Pure Watercraft, a Seattle-based company that specializes in creating all-electric boating solutions.

The collaboration will leverage Pure Watercraft’s marine propulsion technology and experience in the commercial marine industry with GM’s engineering, supply chain and manufacturing capabilities. The two companies will develop and commercialize battery electric watercraft, integrating GM technology into a variety of applications, helping to accelerate the industry’s transition to electric mobility.

Through 2025, GM is investing $35 billion in electric and autonomous vehicle technology, including work to improve performance and reduce battery costs.

The Pure Outboard from Pure Watercraft works to increase a boat’s performance while reducing environmental pollution, and boasts much lower operating cost and maintenance than traditional marine propulsion systems, the company says.

You May Also Like

EV Connect expands infrastructure partner ecosystem

The $5 billion program aims to facilitate the deployment of DC fast-charging infrastructure.

Ev-Connect-NEVIDashboard

EV Connect announced the expansion of its ecosystem of partners eligible to serve charging network owners and operators participating in the National Electric Vehicle Infrastructure (NEVI) Program from the U.S. Department of Transportation. In collaboration with its extensive network of NEVI-compliant solution partners and service providers, EV Connect said it will deliver EV charging for state-level transportation initiatives.

GenH2 joins the California Hydrogen Business Council

The California Hydrogen Business Council roster includes companies like Chart Industries, BMW, Linde and Trillium.

DOE-Nuclear-Hydrogen 1400
Eaton changes name of its vehicle group & eMobility businesses

Eaton said its newly formed Mobility Group will help meet the evolving needs of both its ICE and EV customers.

eaton-emobility
New CATL LFP battery can add 248 miles of range in 10 minutes

CATL unveils Shenxing LFP battery with 4C superfast charge, 700 km range, innovative cathode, and electrolyte technologies.

CATL Fast charge
Volvo Trucks launches turnkey EV infrastructure program

The program covers charging infrastructure, hardware, software, installation, utility interactions and maintenance.

Volvo EV infrastructure

Other Posts

NACFE to monitor 21 electric trucks – including Tesla Semi

The goal is to understand the impact of electric vehicles on total depot electric energy and fuel consumption.

Autel Adds EV Diagnostics and Maintenance to On-Site Classes

EV training will include classroom and hands-on instruction on servicing electric vehicles’ key components.

autel-academy-ev-training
VinFast Auto and Black Spade complete business merger

Black Spade’s shareholders voted to approve the transaction on Aug. 10.

BorgWarner-Santroll-eMotor-Handshake
GM invests in Mitra Chem’s proprietary AI platform

General Motors invests $60 million in Mitra Chem for AI-enabled battery materials, focusing on iron-based cathodes.

gm-mitra-chem