Swedish electric boat maker Candela is flying high recently, and not just on its hydrofoils. The company has just announced a new $20M investment that will accelerate the rollout of its upcoming 30-passenger electric ferry, the Candela P-12 Shuttle.
Candela has spent years developing and producing electric hydrofoil boats that have so far been used primarily for recreational boating.
Now the company’s P-12 electric ferry is set to bring the same benefits of Candela’s existing designs to the world of commercial boating.
Hydrofoil boats are more efficient than traditional boats because they are designed to reduce drag and increase speed by lifting the hull out of the water. The hydrofoil, which is a wing-like structure mounted on struts below the hull, creates lift when it moves through the water, similar to how an airplane wing creates lift in the air. This reduces the amount of surface area in contact with the water, which in turn reduces drag and improves efficiency.
Because the boat is lifted out of the water, it also experiences less resistance from waves, resulting in a smoother ride and less energy consumption. That means that Candela’s boats are not only much more efficient than conventional combustion engine boats with traditional V-hulls, but they are also several times more efficient than most other electric boats on the market today.
For a commercial operator, that efficiency and comfort make a huge difference in operations. And now that Candela has landed a new round of investment totaling SEK 210 million ($20M), the P-12 is even closer to production.
The investment round was co-led by EQT Ventures and investor duo Joel Eklund (Fosielund Holding AB) and Svante Nilo Bengtsson (Marknadspotential AB), with participation from Ocean Zero LLC, among others.
Candela tells us that the funding will be used to bring Candela’s game-changing, foiling 30-passenger ferry Candela P-12 Shuttle to mass production in the company’s new Stockholm factory.
As CEO and founder Gustav Hasselskog explained, the P-12 will be more than just quicker and cheaper than land transportation; it will also be immediately profitable for the transportation companies that operate it.
This new investment will unlock the potential of underutilized waterways for climate-friendly, high-speed commuting. The P-12 Shuttle will in many cases be faster and cheaper than land transport like bus lines, and it will be profitable for operators from day one.
Candela P-12 Shuttle interior view
The cost-effective alternative form of transportation uses its high efficiency to reduce operating costs and bring down the high initial upfront cost of many electric boats that would normally require much larger batteries.
Because the P-12 will use 80% less energy than traditional vessels, its economical battery will still provide a record range of 60 nautical miles on a single charge when cruising at a speed of 27 knots.
The Candela P-12 is expected to launch this summer, when the company says it will become the fastest and longest-range electric passenger vessel in the world.
The advantages of the boat’s electric hydrofoil design primarily benefit its occupants and operators, though the shift away from combustion engine vessels is also a major benefit to the climate. A recent life cycle analysis by Stockholm’s Royal Institute of Technology concluded that a P-12 ferry will emit 97.5% less carbon dioxide over its lifetime compared to a diesel vessel of the same size, including its emissions from production, operations over 30 years and recycling.
I’ve had the opportunity to test out two of Candela’s current models, the C-7 and C-8 electric hydrofoil boats.
Both vessels left me quite impressed (and also made me look good with their ultra easy-to-use controls), though the C-8 was my clear favorite. The larger vessel is even smoother, quieter, and more capable, flying higher above the surface to clear choppier waters. I was able to cut across the wakes of everything from speed boats to cruise ships with only the slightest movement of the boat. A V-hull boat would have been crashing up and down when crossing the same wakes.
In fact, you can check it out in the video of my most recent testing experience below. It’s a doozy to see the two different styles of boats sailing side by side.
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Tesla has officially announced its 2025 Holiday Update, and this year, the automaker is not using the usually bigger update for any groundbreaking stuff, but there are a few interesting new smaller features.
You will find the release notes in this article.
It’s that time of year again. Every December, Tesla bundles a bunch of features it has been working on into a “Holiday Update” to give owners something to play with over the break.
While previous years have focused on adding major apps like Apple Podcasts or Steam integration, the holiday updates have become gradually weaker over the last few years, and they now concentrate mainly on playful features with smaller tweaks and add-ons.
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Tesla announced the rollout in a post on X today:
Here is a breakdown of the main features in the 2025 Holiday Update. They are in order that Tesla announced them, which is generally from most to least important new feature.
Grok with Navigation Commands (Beta)
Many automakers are intergrating LLMs into their vehicles and unsuprisingly, Tesla went with Grok, which is developed by xAI, a company owned by Tesla CEO Elon Musk.
Now, the automaker is starting to give Grok access to some vehicle functions, starting with navigation. Tesla announced:
Grok can now add & edit navigation destinations, becoming your personal guide.
Tesla says that to use Grok for navigation command, you have to set Grok’s personality to ‘Assistant’.
Tesla Photobooth
The second feature Tesla announced in the holiday update is the “photobooth”:
Turn your car into a photobooth! Take selfies from inside your Tesla & give yourself a makeover with fun filters, stickers, and emojis. Share with others right from the Tesla app
It sounds like a Temu Snapchat. To activate it: Go to Toybox > Photobooth
Dog Mode Live Activity
Now, to a more useful feature, Tesla has updated Dog Mode with a live activity feed:
When Dog Mode is active, you’ll see a Live Activity on your iPhone featuring periodic snapshots of your vehicle’s cabin along with live updates on temperature, battery & climate conditions
Dashcam Viewer Update
Tesla also added a bunch of information to the Dashcam viewer:
Dashcam clips now include additional details such as speed, steering wheel angle & self-driving state
Santa Mode
You can update the car visualization to this image. Tesla writes in the notes:
Santa Mode now adds festive snowmen, trees, a lock chime & snow effects for a 3D visual treat
You have select ‘Santa’ in the Toybox to activate it.
Light Show Update
Tesla has a dded a new light to the song “Jingle Rush”:
Play instantly or schedule it up to 10 minutes in advance, either on a single vehicle or synced with friends. You can also control interior lighting, add display color effects & create longer custom shows
Custom Wraps and License Plates
Back to slightly more useful features, Tesla has added custom wraps visualizations:
Personalize your Tesla avatar with window tints, custom wraps & license plates. Use one of many preloaded designs or create and upload your own using a USB flash drive to make your vehicle unique
You can select ‘Paint Shot’ in the Toybox to access it.
Navigation Improvements
A slight change to the nav UI:
Reorder your navigation favorites & set Home or Work by dropping a pin anywhere on the map
You can also view suggested destinations based on your recent trips and habits while parked
Supercharger Site Map
In line with the navigation update, you get a cool 3D view at some Supercharger stations straight in the navigation:
You can now see a 3D view of select Tesla Superchargers by tapping “View Site Map”. When navigating to a pilot location, the site layout and live occupancy (Available / Occupied / Down) will be displayed upon arrival
This could be useful to plan exactly where you’ll park and could open the door to a reservation system, which could be specifically useful for pull-in stalls.
Automatic HOV Lanes Routing
Navigation now includes an option to use high-occupancy vehicle (HOV) carpool lanes. Your route will automatically select the carpool lane when eligible, based on time, location, passenger count & road restrictions
Controls > Navigation > Use HOV Lanes
Phone Left Behind Chime
Your vehicle will chime a few seconds after the doors close if a phone key is inside the cabin or a phone is left on the wireless charger and no occupants are detected. Phone key detection requires UWB-supported devices.
Controls > Locks > Phone Left Behind Chime
Charge Limit per Location
You can now save a charge limit for your current location while parked & it will be applied automatically next time you charge there
Controls > Charging
SpaceX ISS Docking Simulator
Become an astronaut and prove your skills by docking with the International Space Station. Control & guide the rocket in this 3D docking simulator game using a set of controls based on actual interfaces used by NASA astronauts.
Arcade > SpaceX ISS Docking Simulator
Other improvements
Enable or disable wireless phone charging pads in Controls > Charging (S3XY) or Controls > Outlets & Mods (Cybertruck)
Add Spotify tracks to your queue right from the search screen & scroll through large Spotify playlists, albums, podcasts, audiobooks & your library seamlessly, without paging
Take the vibes up another level with rainbow colors during Rave Cave. Accent lights color will change along with the beats of your music. App Launcher > Toybox > Light Sync
Lock Sound now includes Light Cycle from Tron Mode. Toybox > Boombox > Lock Sound
Feature availability subject to vehicle hardware & region
Electrek’s Take
This is a bit of a mixed bag, which is typical for Tesla’s Holiday Updates.
On one hand, many useless features that will be probably be used once or twice and never again, like the photobooth.
But on the other hand, you have some decent new features, specifically to the navigation system, which put together make for a more than decent upgrade.
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Kia is extending one of its biggest promotions yet, knocking over $10,000 off every EV in its lineup.
Kia knocks $10,000 off EV models
Who said electric vehicles would get more expensive after the $7,500 federal tax credit ended? Kia must not have gotten the memo.
Last month, Kia launched a new promotion, offering a $10,000 customer cash discount for all EVs, including the EV6, EV9, and Niro EV. The discount knocks nearly 25% off MSRP on Kia’s cheapest model, the Niro EV. On the entry-level EV6, it’s 23% off MSRP, while $10,000 off the EV9 is about an 18% discount.
The discounts ended on December 1, but Kia has extended them for at least another month. During its Season of New Tradition sales event, Kia is now offering even more savings.
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The 2025 Kia EV6 and Niro EV are now eligible for up to $11,000 in customer cash, including a $10,000 cash back offer and a $1,000 retail bonus cash discount.
2025 Kia EV6 (Source: Kia)
If you’re looking for something a little bigger, the 2026 EV9, Kia’s three-row electric SUV, is available with up to $10,500 in bonus cash.
If you choose to finance, Kia is offering 0% APR for up to 72 months, plus $3,500 APR Bonus Cash on the EV6 and Niro EV. The larger EV9 is available with 0% APR for up to 60 months with a $3,000 APR Bonus Cash offer.
The 2026 Kia EV9 (Source: Kia)
The 2025 Kia Niro EV and EV6 are available to lease, starting at $209 and $309 per month for 24 months. The 2026 EV9 is listed with monthly leases starting at $419.
The new sales event comes after Hyundai extended its EV promotions, keeping the IONIQ 5 as one of the most affordable EV leases in the US, starting at just $189 per month.
Kia’s Seasons of New Traditions sales event runs until January 2, 2026. Some deals may vary by region. You can see offers near you by using the links at the bottom.
Interested in test-driving one for yourself? We can help see what’s available in your area. Check out our links below to find Kia and Hyundai EVs near you.
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New Holland’s already excellent C314 mini track loader is even better for 2026 thanks to the debut of a new, all electric version that offers quiet, low maintenance, and emission-free running for round-the-clock operation.
State and federal governments may still be hashing out emissions laws and ZEV requirements, but it’s the municipal governments that write quiet our laws and noise ordinances, and it’s those laws that construction crews are struggling to work around as they bid for lucrative urban jobs. New Holland understands those construction customers’ needs, and its new C314X Electric mini track loader (announced at last month’s Agritechnica) is designed specifically for them.
“We launched the C314 two years ago, and it has become known for its excellent features,” says Francesca Asteggiano, Europe Construction Brands. “Today, we’re developing an electric version to meet growing demand for quieter, more compact machines — reinforcing our commitment to sustainability and innovation.”
C314X Electric
New Holland’s C314X Electric is designed and built in-house as the zero-emission evolution of the diesel-powered C314, and is powered by a 23.5 kWh li-ion battery that sends power to three electric motors — two drive motors and a single hydraulic motor for the boom.
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The company says the new C314X has a rated operating capacity that matches the diesel unit at 460 kg (~1014 lbs.) and a hinge pin height of 2.2 m (~7.2 ft.).
Though still “just a prototype” at this point, CASE and New Holland products have a history of making it to production. If when it does, company reps say it will be available in two undercarriage configurations, a “narrow track” version 890 mm wide that can fit through garden gates and man doors, and wide track version 1026 mm wide for heavier duty outdoor and agricultural work.
The stand-on machine uses controls that will be familiar to any mini loader operator — especially those with experience behind the controls of the diesel C314 — and all the implements and attachments that work on the diesel version bolt up to the C314X Electric, making it ideal (the company says) for livestock and horticultural farmers, landscape contractors and residential construction operations, thanks to multiple compatible attachments to ensure full versatility to dig, load, drill, and more.
Stay tuned for pricing and availability, likely set to be announced during ConExpo 2026.
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