A new all-electric maritime specialist called Vessev has come out of stealth mode with an exciting new vessel called the VS—9. The electric hydrofoil boat offers a state-of-the-art design that delivers incredible efficiency, providing future tourists with a smooth and quiet ride as Vessev looks to commercialize into larger vessels that can transport 100 passengers at a time.
Vessev, formerly known as Seachange, is a young, eco-friendly boat builder founded a few years ago by two bright minds with backgrounds in innovation, including a tenure at Apple. The company was founded in Auckland, New Zealand, where it currently operates and is conducting sea trials of its flagship vessel—an electric hydrofoil boat called the VS—9.
Designed for commercial operations and tourism, this electric hydrofoil “flies” above the water, offering a new futuristic option in sea travel that will soon be used as a passenger ferry thanks to NetZero Maritime – the green technology team at Fullers360 – New Zealand’s largest ferry operator, who has already signed on to help commercialize the hydrofoil technology.
But that’s not all. Vessev may be young, but it has a clear vision for the future of clean maritime transport, and the VS—9 is merely its starting point for larger electric hydrofoil boats and more scaled deployments. Per Vessev co-founder and CEO Eric Laakmann:
We are in the earliest stage of a global transition to sustainable energy use. Our partnership with NetZero Maritime is one of the most powerful in the world in accelerating the adoption of new technologies. There are 33 million vessels in the world today with sustainable vessels representing the smallest fraction. Through significant enhancements in efficiency, hydrofoiling will play a key role in this once-in-a-generation shift.
Vessev’s entry into cleaning up and potentially revolutionizing the maritime segment begins with the VS—9 electric hydrofoil, which has made its public debut and will soon be certified for commercial operations overseas. Have a look.
Vessev looks to expand to larger electric hydrofoil boats
The maritime developer shared details of its flagship electric hydrofoil boat this week as it came out of stealth mode with some impressive in-house technology, encouraging performance specs, and a detailed plan for its expansion into commercial ferry operations and beyond.
The VS—9 was designed using the same state-of-the-art foiling technology used in the America’s Cup (the oldest international competition still operating in any sport) to maximize efficiency and range by foiling above the water. Vessev shared that its electric hydrofoil boat technology reduces energy consumption by up to 95%.
This technique not only enables the vessel to travel farther on a charge due to less impact from waves and wake but also delivers a smoother ride for passengers. Add the quietness of an all-electric motor, and you get a new breed of boat that feels like the ideal way to travel across water.
The new electric hydrofoil boat offers room for ten passengers and can travel at a service speed of 25 knots (~29 mph). The VS—9 has a range of 50 nautical miles (57 miles/92.6km) and can recharge its batteries at any marina plug. If that area happens to have a DC fast charger, Vessev says the VS—9 can recoup 0.8 nautical miles of range per minute.
The VS—9 is undergoing sea trials out of Auckland, and its initial tests have been encouraging. Laakman explained:
We use techniques similar to America’s Cup vessels which provide very high control authority when compared to other systems. That means we can handle more wind and bigger seas. The system is more difficult to engineer up-front, but results in a very performant vessel that is both more capable and more efficient.
The VS—9 is so efficient that we are able to use very safe and longer-lasting battery technologies when compared to other vessels of this type.
To put it into perspective, the VS—9 is undergoing on-water testing with a petrol-powered chase boat following, doing the same motions and distance. At the end of each day, the cost of the petrol fueling the chase boat is 25 times the cost of the electricity used to charge the VS—9.
Vessev is seeking certification later this year, with commercial operations carried out by Fullers360 in New Zealand thereafter. In addition to the ten-passenger VS—9, Vessev shared that it is already working to scale its technology into larger electric hydrofoil boats, including a new 100-passenger vessel called the VS—18. According to the company, that hydrofoil will have “additional seakeeping capability and unlock even more opportunities.”
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National Grid Renewables has broken ground on its 100 MW Apple River Solar Project in Polk County, Wisconsin.
The Wisconsin solar farm, which will use US-made First Solar Series 6 Plus bifacial modules, will be constructed by The Boldt Company, creating 150 construction and service jobs. Apple River Solar will generate over $36 million in direct economic benefits over its first 20 years.
Once it comes online in late 2025, Apple River Solar will supply clean energy to Xcel Energy, which serves customers throughout the Upper Midwest. According to National Grid Renewables, the solar farm will generate enough energy to power around 26,000 homes annually. It will also offset about 129,900 metric tons of carbon dioxide emissions each year – equivalent to taking 30,900 cars off the road.
“We are excited to see this project begin as it underscores our dedication to delivering clean, reliable and affordable energy to our customers,” said Karl Hoesly, President, Xcel Energy-Wisconsin and Michigan. “This project is an important step in those goals while bringing significant economic benefits to Polk County and the local townships.”
Electrekreported in February that Xcel Energy, Minnesota’s largest utility, expects to cut more than 80% – and possibly up to 88% – of its emissions by 2030, putting it on track to hit Minnesota’s goal of net zero by 2040. It also says it’s on track to achieve its clean energy goals for all the Upper Midwest states it serves – Minnesota, Wisconsin, North Dakota, South Dakota, and Michigan.
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Tesla has announced that it will finally deliver 500 kW charging as it is about to install its long-awaited V4 Supercharger cabinets.
The rollout of Supercharger V4 has been a strange one, to say the least.
Tesla has been deploying the new charging stations for two years and calling them “Supercharger V4”, but it has only been deploying the charging stalls.
Supercharger stations are made of two main parts: the stalls, which are where the charging cable is located, and the cabinets, which are generally located further back and include all the power electronics.
For all these new “Supercharger V4”, Tesla was actually using Supercharger V3 cabinets. This has been limiting the power output of the charging stations to 250 kW – although
Today, Tesla officially announced its “V4 Cabinet”, which the automaker claims will enable of “delivering up to 500kW for cars and 1.2MW for Semi.”
Here are the main features of the V4 Cabinet as per Tesla:
Faster charging: Supports 400V-1000V vehicle architectures, including 30% faster charging for Cybertruck. S3XY vehicles enjoy 250kW charge rates they already experience on V3 Cabinet — charging up to 200 miles in 15 minutes.
Faster deployments: V4 Cabinet powers 8 posts, 2X the stalls per cabinet. Lower footprint and complexity = more sites coming online faster.
Next-generation hardware: Cutting-edge power electronics designed to be the most reliable on the planet, with 3X power density enabling higher throughput with lower costs.
Tesla reports that its first sites with the new V4 Cabinets are going into permitting now. The company expects its first sites to open next year.
We recently reported about Tesla’s new Oasis Supercharger project, which includes larger solar arrays and battery packs to operate the charging station mostly off-grid.
Early in the deployment of the Supercharger network, Tesla promised to add solar arrays and batteries to all Supercharger stations, and Musk even said that most stations would be able to operate off-grid.
While Tesla did add solar and batteries to a few stations, the vast majority of them don’t have their own power system or have only minimal solar canopies.
Back in 2016, I asked Musk about this, and he said that it would now happen as Tesla had the “pieces now in place” with Supercharger V3, Powerpack V2, and SolarCity:
It took about 8 years, but it sounds like the pieces are now getting actually in place with Supercharger V4, Megapacks, and this new Oasis project.
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Hyundai has a new secret weapon it’s about ready to unleash. To revamp the brand in China and counter BYD’s surge, Hyundai is launching a new AI-powered EV next year. The new model will be Hyundai’s first dedicated electric car for the world’s largest EV market.
With the help of Haomo, a Chinese autonomous startup, Hyundai will launch its first EV equipped with generative AI. It will also be its first model designed specifically for China.
A Hyundai Motor official said (via The Korea Herald) the company is “working to load the software” onto the new EV model, “which will be released in the Chinese market next year.” The spokesperson added, “The level of autonomous driving is somewhere between 2 and 2.5.”
In comparison, Tesla’s Autopilot is considered a level 2 advanced driver assistance system (ADAS) on the SAE scale (0 to 5), meaning it offers limited hands-free features.
With Autopilot, you still have to keep your eyes on the road and hands on the steering wheel, or the system will notify you and eventually disengage.
Haomo’s system, DriveGPT, unveiled last spring, takes inspiration from the OpenAI’s popular ChatGPT.
The system can continuously update in real-time to optimize decision-making by absorbing traffic data patterns. According to Haomo, DriveGPT is used in around 20 models as it looks to play a bigger role in China.
Hyundai hopes new AI-powered EV boosts sales in China
Electric vehicle sales continue surging in China. According to Rho Motion, China set another EV sales record last month with 1.2 million units sold, up 50% from October 2023.
Over 8.4 million EVs were sold in China in the first ten months of 2024, a notable 38% increase from last year.
BYD continues to dominate its home market. According to Autovista24, BYD accounted for 32.9% of all PHEV and EV (NEV) sales in China through September, with over half of the top 20 best-selling EV models.
Tesla was second with a 6.5% share of the market, but keep in mind these numbers only include plug-in models (PHEV).
Like most foreign automakers, Hyundai is struggling to keep up with the influx of low-cost electric models in China. Beijing Hyundai’s sales have been slipping since 2017. Through September, Korean automaker’s share of the Chinese market fell to just 1.2%.
According to local reports, Hyundai is partnering with other local tech companies like Thundersoft, a smart cockpit provider, and others in China to power up its next-gen EVs
With its first AI-powered EV launching next year, Hyundai hopes to turn things around in the region quickly. The new model will be one of five to launch in China through 2026.
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