The Swedish electric boatmaker Candela has just announced the successful completion of test flights for the Candela P-12. The flying electric ferry is now headed for serial production ahead of its upcoming commercial rollout.
Candela’s electric hydrofoil pleasure crafts are already well known, often seen flying over the surface of the water around European waterways and even in several locations in the US. The Candela C-8 electric speedboat, the company’s most advanced model to date, has set world records for endurance thanks to its incredibly efficient design.
By using computer-controlled hydrofoils to lift its boats out of the water, Candela can reduce the energy used by over 80%. That means the boats can go the same distance with just 1/5th the battery, or 5x as far with the same battery as many larger and more powerful electric boats.
The hydrofoil operation also has another advantage in that it leaves no wake behind the boat. In areas like Venice where boats are required to travel slowly in order to not create wakes that erode canal edges and buildings, Candela’s boats are permitted to travel at higher speeds.
The new Candela P-12 uses the same hydrofoil technology as the company’s other boats, but supersizes it to fit up to 30 passengers. That makes the P-12 ideal for commercial use in ferry operations while solving the main issue that has hampered the spread of commercial electric boats: reduced range.
The P-12 has a range of up to 100 km (62 miles or 54 nautical miles) from its 252 kWh battery. That’s more than enough range to cover most coastal transport needs. But more importantly for commercial ferries, it can also recharge quickly with DC Fast Charging, as we’ve seen employed by Candela’s other vessels on their record-setting endurance runs.
Candela’s boats also only require a typical automotive-style DC charging station, similar to the ones you’d find in a car parking lot. That means they can use existing dock infrastructure and lower-cost chargers, unlike most commercial electric ferries that require astronomically-priced megawatt-level chargers. With a more affordable charger and the ability to use existing dock infrastructure, it makes it easier for operators to switch to electric ferries with minimal infrastructure investment.
The P-12 is so efficient that it can have a turnaround time of under two minutes per ferry stop while still using existing dock infrastructure with its own extendable boarding ramp. That quick turnaround time is thanks to the thrust vectoring of Candela’s pair of C-POD motors, developed in-house to offer a combined 340 kW (456 hp) of peak power. The thrust-vectoring provides for nimble maneuvering, even moving sideways when necessary.
According to Candela, “the P-12 is engineered to offer similar or lower initial investment costs for operators while boosting profits compared to traditional Internal Combustion Engine (ICE) vessels.”
The Candela P-12 is now entering serial production, after which it will sell for €1.7 million. That’s in line with the current cost of combustion engine-powered ferries today and significantly less than competing electric ferries, according to the company. Furthermore, the lower operating expenses means that the vessel is expected to cut operators’ costs per passenger kilometer by around 50%, similar to how hybrid and electric buses have helped transportation companies significantly reduce operating costs.
As Candela’s Director for Commercial Vessels Erik Eklund explained, “With the P-12, we’re not just offering a faster, more comfortable electric alternative to fossil fuel-powered vessels. We enable operators to make the switch to sustainable vessels that are cost-effective and profitable, a crucial step towards clean oceans and lakes.”
You can see the P-12 in action in the video below.
The new vessel will be available in three variants: the P-12 Shuttle, P-12 Business, and P-12 Voyager.
The Shuttle configuration can seat 30 passengers and sets a new benchmark for sustainable commuting with the lowest operational costs in the industry. It also features space for bicycles, strollers, and wheelchairs to encourage the integration of cycling with public transport.
The Business version of the P-12 features a premium interior with seating for 12 to 20 passengers along with extra room for their luggage, and the highly adaptable Voyager version offers customers flexibility in interior design, catering to both private leisure and commercial clients.
Different interior options are available on the various models
Electrek’s Take
This is some James Bond stuff, if I’ve ever seen any. It looks like it should have been in the last movie. I know it’s meant to shuttle us average Joes around affordably, but that business version should be someone’s waterborne lair.
On a serious note though, I’m loving the proliferation of hydrofoil electric boats. It just makes so much sense to cut your energy requirements by over 80% simply by lifting the boat out of the water. I mean, I say “simply,” but of course the magic that makes this work is anything but simple. Hats off to the folks at Candela who have made it look this easy though. As some of my readers may remember, I’ve tested a few Candela hydrofoil electric boats in Sweden, and I can confirm that it really is bizarrely easy to pilot them. The testing video is below, for proof.
Taking this electrically-powered hydrofoil watercraft technology to commercial operators is the obvious next step and I’m glad to see it finally happening.
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A wheel loader operator fills a truck with ore at the MP Materials rare earth mine in Mountain Pass, California, January 30, 2020.
Steve Marcus | Reuters
The Defense Department will become the largest shareholder in rare earth miner MP Materials after agreeing to buy $400 million of its preferred stock, the company said Thursday.
MP Materials owns the only operational rare earth mine in the U.S. at Mountain Pass, California. The company said it will use the proceeds of the Pentagon’s investment to expand its rare earths processing capabilities and its magnet production capacity.
Shares of MP Materials jumped more than 40% premarket on the news.
The Pentagon is buying a newly created class of preferred shares that are convertible into MP Materials’ common stock. It is also buying a warrant that allows it to purchase additional common stock in the rare earth miner. The convertible shares and the warrant for common stock would represent about a 15% stake in MP Materials as of July 9.
Interior Secretary Doug Burgum said in April that the Trump administration was considering making direct equity investments in critical mineral companies to break U.S. dependence on China.
This is a developing story. Please check back for updates.
Porsche is rolling out three new Taycan Black Edition models. The 2026 Porsche Taycan Black Edition brings more than just a sporty new look. All three are equipped with Porsche’s Performance Battery Plus, delivering more power and a longer driving range.
Meet the 2026 Porsche Taycan Black Edition
With the new electric Macan stealing the show, Porsche is introducing new Taycan variants for the 2026 model year.
Porsche has already introduced significant upgrades for the 2025 model year, adding more driving range, faster charging, higher performance, and a sleek new design.
The new Black Edition variants will be available for the 2026 Porsche Taycan, Taycan 4, and Taycan 4S models.
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Featuring its SportDesign package, the new models include high-gloss black exterior accents on the window trims and mirrors.
Other standard design elements include a rear light strip with an illuminated, blacked-out Porsche logo. Inside, the new variants include Porsche’s black interior accent package, storage package, and black brushed illuminated door sill guards.
2026 Porsche Taycan Black Edition (Source: Porsche)
All three Black Edition models are equipped with the larger Performance Battery Plus, which is typically offered as an option.
With a gross energy capacity of 105 kWh, Porsche says the new variants offer a longer driving range and more power. The 2025 Taycan, with the Performance Battery Plus pack, offers an EPA-estimated range of 318 miles.
On the European WLTP scale, the 2025 Porsche Taycan with the Performance Plus battery is rated with up to 679 km (421 miles) range.
2026 Porsche Taycan Black Edition (Source: Porsche)
The new Black Edition models are loaded with added features. Highlights include Lane Change Assist, Surround View, including Active Parking Assist, 21″ wheels with center caps featuring the full-color Porsche crest, and HD-Matrix Design LED headlights. There are even puddle light projectors that show the Porsche logo when the doors open.
2026 Porsche Taycan Black Edition interior (Source: Porsche)
On the inside, the premium features continue. The Black Edition interior features 14-way comfort seats with a memory function, a Porsche crest on the headrests, and a BOSE Surround Sound System, including Dolby Atmos, to create an immersive sound experience.
You’ll also get Porsche Electric Sport Sound, a Storage package, and the Porsche crest stitched into the leather trim. To top it off, there’s an added “Black Edition” badge in the center console, exclusive to the new variants.
Although it’s called the Black Edition, you can choose from several different colors, such as Jet Black Metallic, Volcano Grey Metallic, Dolomite Silver Metallic, and Ice Grey Metallic, at no extra cost.
Porsche will reveal prices for the 2026 Taycan Black Edition models “in due course.” Deliveries in the US are expected to begin in Fall 2025.
What do you think of the new blacked-out Taycan variants? Do you dig it? Drop us a comment below and let us know your thoughts.
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Aventon is giving its popular fat tire e-bike a serious upgrade. The company just unveiled the Aventure M, a new mid-drive version of its best-selling Aventure model. With more torque, smarter shifting, and a boost in connectivity and control, Aventon says this is the “most advanced” bike it has ever produced.
The new Aventure M swaps out the rear hub motor for a 100 Nm mid-drive motor, offering more efficient power delivery and a more natural ride feel thanks to its double-sided torque sensor. And in case that 100 Nm doesn’t exactly place it for you, just know that we’re talking about more power (or more accurately, torque) than nearly any other e-bike in this class.
The Aventon A100 motor, which is rated at 750W and runs on a 36V system, takes full advantage of its Class 3 category with pedal assist speeds up to 28 mph (45 km/h) and a throttle top speed of 20 mph (32 km/h). The throttle is sold separately, probably as a nod to being even more compliant with California’s new stricter laws regarding Class 1 and Class 3 e-bikes, which can’t have mounted throttles.
Aventon also gives riders the option to set the bike to Class 1 or 2 limits using the companion app. We’ve always been pretty impressed with Aventon’s app, as it’s quite easy to use and makes it simple to control those types of modifications to the bike.
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That app pairs with Aventon’s newly developed ACU (Aventon Control Unit), a custom IoT system that adds a wide range of smart features. Riders get GPS tracking, theft detection, geofencing, remote locking, and over-the-air (OTA) firmware updates. Aventon even built in a passcode-locked on-switch for added security, as well as a physical rear-wheel lock and alarm.
We’ve previously seen Aventon use that OTA update system to give its e-bike more power via a boost feature, so the company doesn’t appear shy about pushing out new features when they’re ready.
But it’s not just about motor placement and connectivity. The Aventure M introduces electronic shifting, powered by a 10-speed Shimano CUES drivetrain and paddle shifters. Riders can shift manually or let the system take over with Auto Shift, Aventon’s torque and cadence-sensing automatic shifting mode. A new Uphill Start Assist feature gives riders an extra torque boost when starting from a stop on steep grades –perfect for off-road adventures or fully loaded cargo rides.
As for range, Aventon claims up to 85 miles (137 km) from the removable 36V 20Ah (720 Wh) battery, which itself weighs around 8.7 lbs (3.9 kg). That figure is in the lowest power level, and real-world range will depend heavily on terrain and assist level, but riders can likely expect something in the 40–60 mile (65-100 km) ballpark under typical pedaling usage when enjoying moderately higher power levels, and a bit less if leaning hard into that optional throttle.
Rounding out the build are 4-inch wide fat tires, a suspension seatpost, and an 80 mm front suspension fork. The total weight of the bike is around 73 lbs (33 kg), which is actually surprisingly reasonable for a full-featured fat tire e-bike with a mid-drive, believe it or not. Hey, these are heavy bikes when you stuff all that power, range, and tech in there.
The price at launch is US $2,899, which places the Aventure M above the hub motor version of the company’s existing Aventure model but below some other mid-drive fat tire options on the market. Aventon is clearly positioning this as a higher-performance alternative that’s still (hopefully) accessible to the average rider. It’s available now online and through Aventon’s network of over 1,800 partner dealers across the U.S.
Electrek’s Take
It’s about time we saw a major direct-to-consumer brand bring a smart tech, mid-drive fat tire e-bike to market that doesn’t require taking out a second mortgage. The Aventure M feels like a natural progression for Aventon – taking what made the Aventure 2 so popular and layering on meaningful performance and tech upgrades. The mid-drive motor brings real climbing power and smoother pedal assist, and features like auto shifting and built-in GPS tracking give this bike some serious smart credentials.
Of course, at nearly $3,000, this isn’t exactly budget territory anymore. But considering the Aventure M includes high-end components, a full-fat-tire adventure build, and an impressive level of integration, it still looks like a solid value for someone who wants their e-bike to go above and beyond the basic level of componentry and features. If the real-world range holds up and the automatic shifting works smoothly, this could easily become a category leader for anyone wanting an all-terrain e-bike that feels as refined as it is rugged. Aventon of course didn’t reinvent the wheel here — they just made a smarter, better one. I look forward to getting on one soon for a review and letting you know what I think of the ride.
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