Electric boating is quickly becoming a fascinating industry with a growing list of players offering high-tech watercraft. The latest high-performance electric speedboat planning to hit the waters is the R30 from Blue Innovations Group (BIG).
BIG was founded by Tesla’s former head of global manufacturing John Vo. He ran Tesla’s manufacturing from 2011 to 2017 and knows a thing or two about building electric vehicles, though boats are certainly new territory for Vo.
We spoke about the growing electric watercraft industry, and Vo described to me why the time is ripe for a revolution in boating. “Ten years ago, starting an electric car company made sense. But now it is established,” explained Vo. “But electric boats on the other hand are a no-brainer. I want to bring a revolution to the industry.”
The R30, he believes, is the kind of revolution that could help clean up boating. That’s why the company’s goal isn’t to hand-build just a few expensive luxury boats. “To really impact the environment, you can’t build electric boats by the dozens. It has to be by the thousands.”
Vo hopes to reach that volume by designing the 30-foot electric cabin cruiser for mass production utilizing automotive manufacturing techniques. Part of that plan involves eschewing typical boat manufacturing methods such as fiberglass or carbon fiber in favor of an aluminum hull as well as using a battery that is structurally integrated as part of the boat’s frame.
Longevity is also part of the plan. Vo’s aluminum construction allows him to offer a lifetime guarantee on the hull. Opting for lithium iron phosphate instead of traditional NMC or NCA lithium-ion batteries also allows him to more than double the lifespan of the battery. “So it’s a little bit bigger of a battery with slightly lower energy density,” he mused. “I have the space – it’s a boat.”
The downside of the aluminum design is that it complicates tooling, something that the boat’s designers are still working on solving. They’ve got time, though not too terribly much of it. BIG has an aggressive schedule ahead of it. They’ll debut a prototype at CES early next month using a prototype hull. That prototype will become an alpha model for testing by February of 2023, followed by four beta models to be produced by October of 2023. By Q2 2024, BIG expects to be delivering R30 boats to reservation holders.
Speaking of those reservation holders, you can already hop in line for an R30. It’s not cheap with an expected price of US $300,000, but that’s in the ballpark of other high-end electric boats hitting the market soon. It’s also not far off of the price of gas-powered luxury boats these days. Even if the $300K price tag fits the current market, Vo fully expects that price to drop as mass production enables cost reductions.
And to be fair, the R30 looks to be squarely in the luxury column. Vo described it as a connected oasis with versatility allowing it to be used within the confines of a healthy work/life balance. Take a Zoom call in the comfort of the sofa in the cabin, then return up top to go fishing on the walkaround bow. Or if fishing isn’t your thing, just lay out on the sun bed. For those that prefer to get wet, foldout swim platforms on three sides of the stern will make it easy to enter and exit the water.
And if it’s shade you’re after, the hardtop does double duty by blocking the sun and also turning those rays into usable energy. Extendable solar panels fold out from the main canopy to provide up to 2.7 kW of solar power for recharging the boat’s massive liquid-cooled 221 kWh battery. At that rate you could run the battery nearly empty each weekend and come back at the end of the week to a fully-charged battery. Of course you could also just charge it up using shore power at the dock, but where’s the fun in that? And having an infinite supply of electricity above our heads sure makes for a nice way to recharge while bobbing around out on the water.
Considering that many power boats aren’t actually used everyday (or even multiple times during the week), the R30 stands to become a net zero boat for many users, meaning it would independently generate all the energy it needs to operate.
With a maximum speed of around 39 knots (45 mph or 72 km/h) from a pair of motors creating a combined 800 hp (600 kW), the R30 provides some serious performance to match its slick design. In fact, that’s more than 50% more powerful than the previous ‘highest-powered electric speedboat’ title claimed by Arc.
And a former Tesla executive isn’t going to build an electric boat without a slick design to match. From the spacious below-deck cabin with versatile bed/table arrangement (flip the table upside to turn it into a large mattress) the large dual-screen console complete with Tesla-style yoke steering wheel, the R30 doesn’t seem to miss a beat on style.
What do you think of the Blue Innovation Group’s R30 electric powerboat?
Let’s hear your thoughts in the comments section below.
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Tesla has hired a celebrity ambassador, a departure from Elon Musk’s policy of not paying for celebrity endorsements.
Musk has often bragged about the fact that Tesla doesn’t pay for celebrity endorsements in contrast to other automakers who hire celebrity brand ambassadors to promote their cars.
Much like advertising, Musk seems to be abandoning this strategy.
Tesla announced that it hired Olympic shooter Kim Ye-ji, whose performance at the Paris Olympics this summer went viral, to be the automaker’s brand ambassador in Korea.
Kim said about her new partnership with Tesla:
I’m very excited to work with Tesla, who have recognized me. I hope to convey a positive message together with Tesla.”
Here are a few pictures released to announce her new partnership with Tesla:
Kim’s agency said that her relationship with Tesla started from CEO Elon Musk tweeting about her viral performance at the Olympics:
“The relationship between Kim Ye-ji and Tesla developed after Elon Musk mentioned her. The company said that Kim is Tesla Korea’s first brand ambassador.”
She is not only Tesla Korea’s first ambassador, but she is the first known paid celebrity ambassador for Tesla globally.
The policy change is not entirely surprising since the policy of Musk not paying celebrities to endorse Tesla’s products was often attached to the automaker’s strategy not to advertise.
Tesla sales in Korea haven’t been amazing, but the country’s auto market greatly favors domestic brands. The American automaker does fairly well for a foreign brand with the Model Y becoming the best-selling imported vehicle in Korea during the first half of 2024.
Although, it amounted to just over 10,000 units.
Electrek’s Take
It’s a change of strategy, and Elon certainly can’t claim that Tesla doesn’t pay for celebrities to endorse its products, but it is probably a smart move due to the fact that Koreans prefer domestic brands.
Kim could help create a deeper level of attachment to the Tesla brand, but I don’t really know. I’m just speculating.
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Kia just broke its October sales record as its impressive US sales run continues. After another record-breaking month, Kia said the growth is fueled by “strong demand” for its electric vehicles.
Kia sets new October sales record in the US
Kia sold 69,908 vehicles in the US last month, up 16% from its previous October sales record in 2023.
According to Kia, higher demand for its electric models is charging up sales in the US. Kia’s electrified sales (EVs, PHEVs, and HEVs) reached its highest ever in October.
All-electric vehicles (EVs) led the way, with sales surging 70% year-over-year (YOY). Plug-in hybrid (PHEV) and hybrid (HEV) sales were up 65% and 49%, respectively, from October 2023.
Kia’s first dedicated electric model, the EV6, set a new October sales record with 1,941 units sold. Through the first ten months of 2024, Kia has now sold over 17,700 EV6 models in the US. Meanwhile, its first three-row electric SUV, the EV9, continues to defy expectations.
With another 1,941 models sold last month, Kia EV9 sales reached 17,911 through October. That’s even more than the EV6 despite costing +$12,000 more.
2024 Kia EV9 GT-Line (Source: Kia)
Kia’s first US-made EV9 rolled out of its West Point, GA plant this summer. Although the EV9 is expected to qualify for the full $7,500 federal tax credit next year, Kia is matching it for now through incentives.
Next year, we will also finally see the EV9 GT, which Kia promises will have “enormous power.” Ahead of its official debut, we got our first look at the sporty electric SUV with an active spoiler last month.
2025 Kia EV9 Trim
Starting Price*
Light Standard Range
$54,900
Light Long Range
$59,900
Wind
$63,900
Land
$69,900
GT-Line
$73,900
2025 Kia EV9 price by trim (*excluding $1,325 destination fee)
Earlier this month, we learned that the 2025 EV9 will start at $54,900 (not including the destination fee), which is only $700 more than the 2024 model.
With prices dropping to potentially under $50,000, Kia’s three-row electric SUV is a steal. If you’re ready to experience the EV9 for yourself, we can help you get started. You can use our links below to view deals on Kia’s electric vehicles in your area.
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The outcome of the U.S. presidential election on Nov. 5 won’t affect oil production levels in the short- to medium term, Exxon CEO Darren Woods told CNBC on Friday.
Former President Donald Trump has called for unconstrained oil and gas production to lower energy prices and fight inflation, boiling his energy policy down to three words on the campaign trail: “Drill, baby, drill.”
“I’m not sure how drill, baby, drill translates into policy,” Woods told CNBC’s “Squawk Box” Friday after the largest U.S. oil and gas company reported third-quarter results.
Woods said U.S. shale production does not face constraints from “external restrictions.” The U.S. has produced record amounts of oil and gas during the Biden administration.
Over the past six years, the U.S. has produced more crude oil than any other nation in history, including Saudi Arabia and Russia, according to the Energy Information Administration.
Output in the U.S. is driven by the oil and gas industry deploying technology and investment to generate shareholder returns based on the break-even cost of production, the CEO said.
“Certainly we wouldn’t see a change based on a political change but more on an economic environment,” Woods said. “I don’t think there’s anybody out there that’s developing a business strategy to respond to a political agenda,” he said.
While shale production has not faced constraints on developing new acreage, there are resources in areas like the Gulf of Mexico that have not opened up due to federal permitting, the CEO said.
“That could, for the longer term, open up potential sources of supply,” Wood said. In the short- to medium term, however, unconventional shale resources are available and it’s just a matter of developing them based on market dynamics, he said.
Exxon Mobil shares in 2024.
The vast majority of shale resources in the U.S. are on private land and regulated at the state level, according to an August note from Morgan Stanley. About 25% of oil and 10% of natural gas is produced on federal land and waters subject to permitting, according to Morgan Stanley.
Vice President Kamala Harris opposed fracking during her bid for the 2020 Democratic presidential nomination. She has since reversed that position in an effort to shore up support in the crucial swing state of Pennsylvania, where the natural gas industry is important for the state’s economy.