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It flies, it floats, it’s electric — and now it’s officially a hit. The world’s first electric hydrofoil ferry, a Candela P-12 vessel named Nova, has wrapped up its first season of public service in Stockholm, and new data confirms what many suspected: this sleek, silent, water-skimming machine isn’t just a cool piece of tech — it’s also wildly successful.

The Nova, which first entered Stockholm’s public transport system last fall, uses a combination of electric propulsion and hydrofoil technology to quite literally lift above the water. This reduces drag, increases efficiency, and makes it the fastest electric passenger vessel in the world, cruising comfortably at 25 knots (around 29 mph or 46 km/h).

As it prepares to return to the water on April 15 after a winter pause, Stockholm’s public transport authority has released performance data from Nova’s autumn run. The numbers reveal that the boat isn’t just fast — it’s popular, green, and pulling people out of their cars.

Compared to the diesel ferries it operates alongside, Nova emits 95% less CO₂ and uses 84% less energy per passenger-kilometer. That translates to just 23 grams of CO₂ per passenger-kilometer, compared to 439 grams for the older diesel vessels. In other words, it’s a drop in a bucket compared to the old standard.

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It’s not just an environmental win — it’s a rider favorite too. With 80% average occupancy (and many trips fully booked), Nova has become quite literally one of the hottest tickets on Stockholm’s Route 89. Some of that success may come from its 30-minute travel time between Tappström and Stockholm City Hall — roughly half the time it takes to get there by car or bus.

The numbers are clear with the data revealing that Nova attracts more people to travel on water, with a 30% increase in ridership on route 89. According to Candela CEO Gustav Hasselskog, this shows that high-speed, comfortable waterborne transit can actually convert car commuters into ferry riders — a holy grail for sustainable city planning.

In response to the strong demand, Region Stockholm will expand Nova’s service from five to six days a week this spring, and to daily operations by May. In August, the pilot program will be evaluated — and Candela is already eyeing more routes across Stockholm’s vast archipelago.

The P-12’s combination of speed, silence, and ultra-low operating costs makes it ideal for routes with moderate passenger volume — a gap that many traditional ferries struggle to serve efficiently.

Candela isn’t stopping in Sweden, either. The company already has customers lined up in Saudi Arabia, New Zealand, and the U.S., suggesting that this may be just the beginning of the era of flying electric ferries.

“We are incredibly happy that Region Stockholm has enabled us to demonstrate the hydrofoil technology in the city’s public transport. We see that waterways in most cities have enormous potential for fast, low-cost, and emission-free transport that can relieve road networks and increase accessibility,” said Hasselskog. “This is just the beginning.”

candela
Candela C-8 electric speedboat sails alongside a Candela P-12 electric ferry

Electrek’s Take

I’ve followed Candela with such interest over the years not just because of their fun electric speedboats (though I love those too, as you can tell from my first ride video below), but also because of the company’s ability to help take more cars off the road and switch commuters to ferry riders.

As someone who lives a largely car-free lifestyle, that’s huge for me. When we talk about reforming urban transportation, such lofty goals require a holistic approach and we should include a diverse field of options that can work together to achieve those intentions. Flying electric boats might not be most people’s first thought, but they achieve the same goal as many other alternatives, shifting commuters to more sustainable alternatives to cars.

We’ve already seen how capable electric hydrofoil ferries like these are, even watching the Candela P-12 tackle large swells in open seas. So short commutes like these that allow rapid recharging via DC Fast Charging at each stop make so much sense for such a capable machine.

Even when compared to traditional electric ferries, which are already an improvement by reducing emissions, electric hydrofoil ferries like these go so much further. They not only use even less energy than a traditional electric ferry, but they offer a faster trip and a smoother ride, making the idea of ferry travel that much more enticing. In this case seen in Stockholm, commuters get to arrive faster, more comfortably, and in a pretty cool way. That’s a win-win-win if you ask me!

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China overhauls EV charging: 100,000 ultra-fast public stations by 2027

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China overhauls EV charging: 100,000 ultra-fast public stations by 2027

China just laid out a plan to roll out over 100,000 ultra-fast EV charging stations by 2027 – and they’ll all be open to the public.

The National Development and Reform Commission’s (NDRC) joint notice, issued on Monday, asks local authorities to put together construction plans for highway service areas and prioritize the ones that see 40% or more usage during holiday travel rushes.

The NDRC notes that China’s ultra-fast EV charging infrastructure needs upgrading as more 800V EVs hit the road. Those high-voltage platforms can handle super-fast charging in as little as 10 to 30 minutes, but only if the charging hardware is up to speed.

China had 31.4 million EVs on the road at the end of 2024 – nearly 9% of the country’s total vehicle fleet. But charging access is still catching up. As of May 2025, there were 14.4 million charging points, or roughly 1 for every 2.2 EVs.

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To keep the grid running smoothly, China wants new chargers to be smart, with dynamic pricing to incentivize off-peak charging and solar and storage to power the charging stations.

To make the business side work, the government is pushing for 10-year leases for charging station operators, and it’s backing the buildout with local government bonds.

The NDRC emphasized that the DC fast chargers built will be open to the public. This is a big deal because a lot of fast chargers in China aren’t. For example, BYD’s new megawatt chargers aren’t open to third-party vehicles.

As of September 2024, China had expanded its charging infrastructure to 11.4 million EV chargers, but only 3.3 million were public.

Read more: California now has nearly 50% more EV chargers than gas nozzles


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Two charged in $650 million global crypto scam that promised 300% returns

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Two charged in 0 million global crypto scam that promised 300% returns

A U.S. Justice Department logo or seal showing Justice Department headquarters, known as “Main Justice,” is seen behind the podium in the Department’s headquarters briefing room before a news conference with the Attorney General in Washington, January 24, 2023.

Kevin Lamarque | Reuters

Federal prosecutors have charged two men in connection with a sprawling cryptocurrency investment scheme that defrauded victims out of more than $650 million.

The indictment, unsealed in the District of Puerto Rico, accuses Michael Shannon Sims, 48, of Georgia and Florida, and Juan Carlos Reynoso, 57, of New Jersey and Florida, of operating and promoting OmegaPro, an international crypto multi-level marketing scheme that promised investors 300% returns over 16 months through foreign exchange trading.

“This case exposes the ruthless reality of modern financial crime,” said the Internal Revenue Service’s Chief of Criminal Investigations Guy Ficco. “OmegaPro promised financial freedom but delivered financial ruin.”

From 2019 to 2023, Sims, Reynoso and their co-conspirators allegedly lured thousands of victims worldwide to purchase “investment packages” using cryptocurrency, falsely claiming the funds would be safely managed by elite forex traders, the Department of Justice said.

Prosecutors said the pair flaunted their wealth through social media and extravagant events — including projecting the OmegaPro logo onto the Burj Khalifa, Dubai’s tallest building — to convince investors the operation was legitimate.

A video posted to the company’s LinkedIn page shows guests in evening attire posing for photos and watching the spectacle in Dubai.

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In reality, authorities allege, OmegaPro was a pyramid-style fraud.

When the company later claimed it had suffered a hack, the defendants told victims they had transferred their funds to a new platform called Broker Group, the DOJ said. Users were never able to withdraw their money from either platform.

The two men face charges of conspiracy to commit wire fraud and conspiracy to commit money laundering, each carrying a maximum sentence of 20 years in prison.

The Justice Department, FBI, IRS-Criminal Investigation, and Homeland Security Investigations led the multiagency investigation, with help from international partners.

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Tesla forced to refund $10,000 FSD payment and 0% interest on Cybertruck

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Tesla forced to refund ,000 FSD payment and 0% interest on Cybertruck

Tesla is starting to experience some consequences for misleading Full Self Driving customers – at least that’s the finding of one arbitration ruling that has Tesla refunding one customer $10,000 plus legal fees for failing to deliver on their promises. Find out more on today’s legally challenging episode of Quick Charge!

An arbitration “court” found that Tesla misled customers with its Full Self Driving product, and has now been forced to refund at least one person’s $10,000 payment (plus legal fees) for the not-quite autonomous driving software. France, too, is piling on claims of deceptive business practices – but there’s some good news for FSD fans! If you’re still willing to pay for it, Tesla will thrown in 0% financing on a brand new Cybertruck.

Check out the relevant links, below, to learn more.

Prefer listening to your podcasts? Audio-only versions of Quick Charge are now available on Apple PodcastsSpotifyTuneIn, and our RSS feed for Overcast and other podcast players.

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New episodes of Quick Charge are recorded, usually, Monday through Thursday (and sometimes Sunday). We’ll be posting bonus audio content from time to time as well, so be sure to follow and subscribe so you don’t miss a minute of Electrek’s high-voltage daily news.

Got news? Let us know!
Drop us a line at tips@electrek.co. You can also rate us on Apple Podcasts and Spotify, or recommend us in Overcast to help more people discover the show.


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Your personalized solar quotes are easy to compare online and you’ll get access to unbiased Energy Advisors to help you every step of the way. Get started here.

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