Hyperdrive
X-Shore CEO Says Its $99,000 E-Boat Could Herald a ‘Tesla Moment’
- Says boatmaker can ‘move very quickly’ to IPO when appropriate
- Cost of new model is roughly one-third of other X Shore model
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X Shore AB is planning to sell a new electric boat at a similar price to traditional vessels, a move that could significantly broaden sales beyond the wealthy, the startup’s chief executive said.
The X Shore 1 starts at $99,000 before tax, a fraction of the price of other electric boats, including X Shore’s Eelex 8000, which starts at $329,000, Stockholm-based Chief Executive Officer Jenny Keisu said in an interview.