Electric boating is nothing new, but for a long time it has been outside the limits of most recreational boaters’ wallets. That’s not true anymore, though, as several new low-cost electric boats are starting to enter the US market. Here’s a collection of some of the most interesting and affordable electric boats for the average Joe.
Keep in mind that lower-cost electric boats usually mean lower power and shorter range.
You’re not going to get high power and elegantly designed electric boats such as those from companies like Candela and X Shore for just a couple month’s salary. Those luxury electric boats can reach well into the six figures, and their high-end design helps explain the high sticker price.
But for the rest of us, these more everyday electric boats can help scratch the itch for an affordable, quiet, and relaxing lake cruiser.
Veer V13
Veer is a recently launched low-cost boat company, with the Veer V13 serving as its debut model.
Veer’s parent company is Brunswick, which also owns Mercury Marine, a popular outboard engine maker. So it should come as no surprise that Veer’s boats are powered by Mercury drivetrains. While the base model has a combustion outboard, the electric version uses the newly-released Avator 7.5e electric outboard.
The 13-foot (4-meter) two-seater boat is manufactured from rotomolded polyethylene. That’s the same way kayaks are made, and is a cost-effective method to produce large and hollow plastic parts such as boat hulls. If you’ve ever wondered why a canoe costs three to four times the price of a kayak on average, there you go.
That rotomolding production helps the Veer V13 achieve a much lower sticker price than fiberglass or aluminum electric boats.
The base model comes with an entry-level price of US $11,995, including a trailer, though the electric version adds a US $2,100 premium to the total.
Since the Veer V13 is being marketed to new and first-time boat owners, it comes in a bundle with a galvanized trailer, making it easy to start boating right away.
TwinTroller eVenture bundle
TwinTroller is another manufacturer that offers small format boats, though this time with an interesting hull design. A pair of sponsons feature recessed electric motors that give the boat more maneuverability, as well as foot controls to allow the operator to keep his or her hands free. That’s perfect for a small fishing boat.
The hollow cavity under the sponsons floods with water surrounding the two electric motors, creating a form of suction that makes the boat even more stable. Two men can stand on the same gunnel together without the boat tipping over.
The base model of the TwinTroller X10 is priced at US $4,795, while a deluxe version costs US $5,495.
The TwinTroller eVenture bundle adds a more powerful rear electric motor for extra speed or longer run time. That bundle includes the company’s US $4,795 X10 boat as well as a US$2,599 ePropulsion Spirit 1.0 Plus electric outboard motor outfitted with an extra short shaft to fit the X10.
It also includes the Spirit Battery Plus to power the outboard and a US $1,399 trailer, bringing the total price to US $8,293 (including a US $500 discount for buying it all together as a bundle).
Go-Float Vortex
The Go-Float Vortex is a bit more of a recreational, afternoon-on-the-lake kind of boat. Think more along the lines of something you’d rent for a couple hours on vacation, not something you’d take out fishing with your buddies.
But at US $6,995, that low-tech design helps keep it mighty affordable.
The Vortex is powered by a single 12V DC electric motor and enjoys a top speed of 4 mph (6.4 km/h or 3.5 knots). Accessories include deck color choices, rod holders (I guess you can go fishing in it!), a water proof stereo, bimini top, and more.
It might not be the fastest electric boat in the pond, but it sure does look relaxing.
GoBoat 2.0
Like the Go-Float Vortex above, the GoBoat is on the minimal end of what could be considered an electric boat. But since it pushes even further out into the no-man’s land of electric boat minimalism, it also pushes the price further down too.
At just under $1,000 for the recently released GoBoat 2.0 (or closer to $700 for the kid’s size version), this is one of the cheapest electric boats on the market.
The inflatable e-boat is light enough to carry by hand when deflated, yet still packs a (small) punch with its 35 lb thrust 12V trolling motor designed by GoBoat. The company claims that it is the “lightest and most compact 35 lb thrust motor on the market.”
The motor comes with five speeds in the forward direction and two reverse speeds, though the top speed of 5 mph (8 km/h or 4.3 knots) isn’t going to win any water races.
Quietude 156
The Quietude 156 goes a different direction than the more affordable electric boats on this list, but that also makes it a bit more expensive too, at US $35,495.
The four-passenger fiberglass boat is 15.5 feet long (4.7 meters) and comes in a variety of color options for the hull. The boat features a 5 hp outboard motor that can hit a top speed of 6 mph (10 km/h or 5 knots), but cruises at 5 mph (8 km/h or 4.3 knots) for 20 miles (32 km or 17.2 nm).
Owners can customize the color of the deck, interior, and canopy materials to match their preferences.
Budsin 15′ Lightning Bug
According to the manufacturer, “the 15 foot Lightning Bug has been considered the jewel of electric boats ever since we started making them in 1987.”
The cockpit, which seats four adults, includes a single lever for controlling both the speed and the direction of the boat, making operation extremely easy.
At around US $27,000, the 15′ Lightning Bug features wooden decking and interiors. The hull is constructed using three layers of molded cedar and mahogany bonded with epoxy, and includes a mahogany transom.
It’s certainly an elegant looking boat, but it costs a bit more than some of the budget-level offerings on this list.
BOTE + Bixpy
If you don’t mind getting just slightly DIY, BOTE and Bixpy have teamed up to offer an interesting solution to combine their products into an electric boat.
BOTE is well known for its inflatable watercraft, from dock platforms to skiffs, kayaks, and SUPs. Bixpy, on the other hand, creates electric motors and waterproof batteries for electric kayaks, surfboards and other light watercraft. You can probably see where this is going.
The two partnered to create a kit that uses Bixpy’s gear to turn BOTE’s inflatable kayaks into electric boats. The kit makes use of the port on BOTE’s boats that is designed for a pedal drive. But instead of dropping a pedal-powered system into that scupper hole, Bixpy’s adapter drops in to support an electric motor.
The entire setup costs just north of $4,000 and creates an electric boat that can fit into a backpack.
Electracraft 15LS
The Electracraft 15LS is a six-seater fiberglass boat with a molded interior, making it the highest capacity electric boat on this list so far. Though at US $42,000, it’s also the most expensive. If you want to take five friends out with you, though, this is the electric boat to do it in.
The boat comes with upholstered interior, fiberglass dining table with cupholders, and a center helm.
It runs on a 48V system using a set of four 12V marine batteries. The boat also includes an automatic bilge pump, though many of the other nicer accessories are more expensive add-ons.
AQUOS Backpack Series
If you really want to keep things affordable, the cheapest option on this list so far is the AQUOS 7.5-ft Backpack Series inflatable electric boat.
The inflatable pontoons help this boat go from in a bag to on the water in just a few minutes.
There’s only seating for one, but you probably weren’t expecting too much out of this vessel.
It may be spartan, but it does include a fairly nice looking swivel seat and a small 20 lb thrust trolling motor! Not bad for just $795!
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Twitter CEO Jack Dorsey testifies during a remote video hearing held by subcommittees of the U.S. House of Representatives Energy and Commerce Committee on “Social Media’s Role in Promoting Extremism and Misinformation” in Washington, U.S., March 25, 2021.
Handout | Via Reuters
Block jumped more than 5% on Monday, leading a rally in shares of fintech companies as analysts downplayed the threat of JPMorgan Chase’s reported plan to charge data aggregators for access to customer financial information.
The recovery followed steep declines on Friday, after Bloomberg reported that JPMorgan had circulated pricing sheets outlining potential fees for aggregators like Plaid and Yodlee, which connect fintech platforms to users’ bank data.
In a note to clients on Monday, Evercore ISI analysts said the potential new expenses were “far from a ‘business model-breaking’ cost increase.”
In addition to Block’s rise, PayPal climbed 3.5% on Monday after sliding Friday. Robinhood and Shift4 recorded modest gains.
Broader market momentum helped fuel some of the rebound. The Nasdaq closed at a record, and crypto rallied, with bitcoin climbing past $123,000. Ether, solana, and other altcoins also gained.
Evercore ISI’s analysts said that even if JPMorgan’s changes were implemented, the most immediate effect would be a slight bump in the cost of one-time account setups — perhaps 50 to 60 cents.
Morgan Stanley echoed that view, writing that any impact would be “negligible,” especially for large fintechs that rely more on debit, credit, or stored balances than bank account pulls for transactions.
PayPal doesn’t anticipate much short-term impact, according to a person with knowledge of the issue. The person, who asked not to be named in order to speak about private financial matters, noted that PayPal relies on aggregators primarily for account verification and already has long-term pricing contracts in place.
While smaller fintechs that depend heavily on automated clearing house (ACH) rails or Open Banking frameworks for onboarding and compliance may face real pressure if the fees take effect, analysts said the larger platforms are largely insulated.
The global EV market is still charging ahead. According to new numbers from global research firm Rho Motion, 9.1 million EVs were sold worldwide in the first half of 2025, up 28% compared to the same period last year. But not every region is accelerating at the same pace.
China and Europe are doing the heavy lifting
More than half of the world’s EVs this year have been bought in China. That market hit 5.5 million sales in the first six months of 2025 – a 32% jump year-over-year. Around half of new cars bought in China are now electric.
While some Chinese cities’ subsidies have dried up, Rho Motion expects momentum to pick back up later in the year as more funding is released.
In Europe, 2 million EVs were sold in the first half of the year, up 26%. Battery electric vehicle (BEV) sales also rose 26%, thanks in part to affordable models like the Renault 4 (pictured) and 5 entering the market. Plug-in hybrids (PHEVs) weren’t far behind, growing 27% year-to-date. Chinese automakers are leaning into PHEVs as a way to work around the EU’s new tariffs on BEVs.
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Spain is leading the pack with EV sales soaring 85% so far this year. Its generous MOVES III incentive program was extended in April and has kept sales strong. The UK and Germany are also seeing solid growth – 32% and 40%, respectively. France, however, is slumping. With subsidies cut, EV sales there have dropped 13%.
North America is stuck in the slow lane
Things aren’t looking quite as bright in North America. EV sales in the US, Canada, and Mexico are up just 3% so far this year.
Mexico is the one bright spot, with a 20% boost. The US is up 6%. But Canada is down a whopping 23%.
And things could get bumpier. On July 4, Trump signed Congress’s big bill into law, which axes all the Inflation Reduction Act EV tax credits. Those consumer credits for EVs now officially end on September 30.
Just over half of the EVs sold in the US this year qualified for those credits. Rho Motion predicts a rush in Q3 before the subsidies disappear – and a decline in sales after that.
Rho Motion data manager Charles Lester said, “With Trump’s latest cuts in his ‘Big Beautiful Bill,’ the US could struggle to see any growth in the EV market overall in 2025.”
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Lucid’s electric sedan can drive further, charge faster, and packs more advanced tech than most of the competition. That might explain why it’s leading the segment. The Lucid Air remained the best-selling luxury EV sedan in the US after widening its lead in the Q2.
The Lucid Air is America’s best-selling luxury EV sedan
The 2025 Lucid Air Pure arrived as the “World’s most efficient car” with an EPA-estimated range of 420 miles and a record 146 MPGe.
It just set a new Guinness World Record last week for the longest journey by an electric car after travelling 749 miles (1,205 km) on a single charge.
That record was set in the range-topping Lucid Air Grand Touring model, which is rated for up to 512 miles of EPA-estimated range. On the WLTP scale, it’s rated at 597 miles (960 km). Either way, it still crushed the estimates.
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According to second-quarter sales data, released by Kelley Blue Book on Monday, the Lucid Air is still America’s best-selling luxury EV.
Lucid sold 2,630 Air models in Q2, up 10% from the previous year. Through the first half of 2025, Lucid Air sales are up 17% with 5,094 units sold.
Lucid Air (Source: Lucid)
Tesla, on the other hand, only sold 1,435 Model Ss during the quarter, 71% fewer than it did in Q2 2024. Tesla Model S sales in the US are down 70% through the first half of the year at 2,715.
Although Porsche Taycan sales were up 32% with 1,064 models sold, the significantly upgraded 2025 model year was expected to see even more demand. Porsche has 2,083 Taycans in the US this year, up just 1% from 2024.
Lucid Air Pure interior (Source: Lucid)
Other luxury EV sedans, such as the BMW i5 (1,434), i7 (820), and the Mercedes EQS (498), experienced steep double-digit sales declines year-over-year.
And it’s not just electric luxury sedans. The Lucid Air is currently outselling many gas-powered vehicles in its segment.
Lucid Air (left) and Gravity (right) Source: Lucid
Lucid’s first electric SUV, the Gravity, is also rolling out. Although only five were sold in the second quarter, Lucid is quickly scaling production. Lucid aims to produce 20,000 vehicles this year, more than double the roughly 9,000 it built in 2024.
Earlier today, Lucid’s interim CEO, Marc Winterhoff, confirmed during an interview with Bloomberg that the company expects higher Gravity output in the second half of the year.
The interview was at the grand opening of Panasonic’s new battery cell plant in De Soto, Kansas. Winterhoff said Lucid will start using new cells from the facility, but not until next year.
Lucid’s CEO stressed the importance of establishing a local supply chain, as policy changes under the Trump Administration are taking effect. Lucid and Panasonic are collaborating to localize EV materials, such as graphite. Last month, Lucid secured a multi-year supply agreement with Graphite One for US-sourced Graphite.
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