General Motors announced Monday that it has acquired a 25 percent stake in electric boat motor manufacturer Pure Watercraft.
In a statement, the American automaker said the two companies “will develop and commercialize battery-electric watercraft,” together and will “integrate GM technology into a variety of applications, helping to accelerate the industry’s transition to electric mobility.” Specific product offerings that will occur from the collaboration will be disclosed “at a later date,” GM also said Monday.
Pure Watercraft is a Seattle-based manufacturer of battery-electric outboard boat motors. The company’s Pure Outboard motor comprises a 25kW electric outboard motor, which receives power from one or more 8.85 kWh lithium-ion battery packs. The system costs $16,500 with one 8.8 kWh battery and $25,000 with two batteries.
In a statement, Pure Watercraft founder and CEO Andy Rebele said the investment from GM will help the company ramp up production of the Pure Outboard and also develop more advanced electric boating technologies in the future.
“Our mission is to enable a new era in boating,” said Rebele. “This joint effort with GM is expected to enable us to make significant technological advancements in range and charging, while achieving volume production.”
Dan Nicholson, GM’s vice president of Global Electrification, Controls, Software and Electronics, said the investment in Pure Watercraft is representative of GM’s desire to electrify all forms of mobility – not just the automobile.
“GM’s stake in Pure Watercraft represents another exciting opportunity to extend our zero-emissions goal beyond automotive applications,” Nicholson explained. “Building upon GM’s existing efforts to strategically deploy our technology across rail, truck and aerospace industries, the combined expertise of these two enterprises should result in future zero-emissions marine product offerings, providing consumers with more choice than before.”
It’s not clear when consumers can expect the first Pure Watercraft product developed with guidance from GM to go on sale.