These are the cheapest electric boats you can buy right now

Published

2 years ago

June 20, 2023

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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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Environment

Oil prices shed 2% as Iran-Israel ceasefire eases concerns over supply, Strait of Hormuz closure

Published

4 hours ago

June 24, 2025

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Oil prices shed 2% as Iran-Israel ceasefire eases concerns over supply, Strait of Hormuz closure

Brent crude prices pared gains from the previous session and fell nearly $2 on Friday after the White House delayed a decision on U.S. involvement in the Israel-Iran conflict, but they were still poised for a third straight week in the black.

Ilan Rosenberg | Reuters

Oil futures fell sharply on Tuesday as a freshly announced Iran-Israel ceasefire began to allay investor concerns over supply and shipping disruptions in the oil-rich Middle East.

The Ice Brent contract with August expiry was trading at $69.76 per barrel at 09:09 a.m. London time, down 2.41% from the previous session. The front-month August Nymex WTI contract was at $66.85 per barrel, 2.42% lower from the Monday settlement.

Oil prices had added roughly 10% over the mid-June start of Iran-Israel hostilities that were exacerbated in recent days by U.S.’ direct military involvement and Iran’s retaliatory strike against an American base in Qatar. Crude futures eased following U.S. President Donald Trump’s overnight announcement of an Iran-Israel ceasefire despite lingering questions over implementation and the future of Tehran’s nuclear program — the key cause of the recent hostilities cited by Israel and the U.S.

At risk throughout the offensives were supply in both Iran — which produced 3.3 million barrels per day in May, according to OPEC’s monthly oil market report released in June, which cites independent analyst sources — and the broader Middle East region, if the conflict spilled over.

Throughout the hostilities, investors also watched whether Iran would proceed with closing the Strait of Hormuz linking the Persian Gulf and the Gulf of Oman — a key route for Iranian and other Middle Eastern shipments, including those of the world’s largest crude exporter Saudi Arabia, and the United Arab Emirates, Iraq, Kuwait and Bahrain.

Iran’s parliament on Sunday approved the closure of the Strait of Hormuz, according to a report from Iran’s state-owned Press TV that CNBC could not independently verify, though a final decision rested with the country’s national security council.

“The potential closure of Strait of Hormuz remains a tail risk in our view, but we maintain that oil prices would race past $100/b in such a scenario, due to limited avenues to bypass the narrow passage and the constraints it would pose to the marketability of spare capacity,” Barclays analysts said in a Tuesday note, just as Trump announced a tentative ceasefire.

They further added that oil prices came under pressure “as the threat of wider regional conflagration did not materialize despite the US action against Iranian nuclear sites.”

Amid risk to supply, the International Energy Agency previously reassured it had 1.2 billion barrels of emergency stockpiles it could resort to. As part of a strategy decided prior to the Iran-Israel escalations, some producers from the influential OPEC+ alliance have also been raising output and have additional spare volumes that could be brought online.

Environment

Smart new Raleigh ONE e-bike unveiled with GPS, anti-theft, & fast charging

Published

5 hours ago

June 24, 2025

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Smart new Raleigh ONE e-bike unveiled with GPS, anti-theft, & fast charging

Raleigh is rolling out a new chapter in its long legacy of bicycle design with the launch of the Raleigh ONE, a sleek, smart e-bike aimed squarely at the European urban mobility market. Officially unveiled today, the Raleigh ONE combines classic British cycling heritage with modern connected tech, delivering what the company calls “the only e-bike you’ll need in the city.”

Taking a page out of Big Tech’s playbook, Raleigh is also offering a membership program to unlock extra features. But will riders pay up, or will they balk?

While it’s debuting first in Germany, the Netherlands, and the UK, the Raleigh ONE seems clearly designed for global appeal. It’s a one-size, one-speed, minimalist-style urban e-bike built with high-quality components and a suite of smart features accessed via an app and membership system.

Think of it as a mix between a timeless European utility bike and a Silicon Valley tech platform.

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We’ll get to that tech, but first let’s dive into what makes it an e-bike. On the powered side of things, the Raleigh ONE sports a 360Wh removable battery that offers up to 80 km (50 mi) of range in eco mode and around 50 km (31 mi) in boost. That battery powers up a 250W Mivice rear hub motor, one of the nicer and more sophisticated hub motors on the market. The maximum assisted speed is 25 km/h (15.5 mph), keeping with European e-bike regulations.

The bike uses a Gates carbon belt drive for low-maintenance, grease-free operation and includes hydraulic disc brakes for confident stopping power.

Lighting is fully integrated and smart-enabled, with wraparound rear lights and a dual front beam. The riser bars, wide tires, and upright geometry give the Raleigh ONE a comfortable ride posture designed for all-day city use, even over rough pavement.

The bike is equipped with an SP Connect mount for the rider’s phone, allowing for hands-free use of Raleigh’s new app, which acts as a digital control hub for both ride data and security features.

Raleigh is leaning heavily into connectivity with the Raleigh ONE. Once registered through the app, users can enable auto-unlocking, journey tracking, alarm features, GPS location, and theft alerts. The system supports wireless updates, and security functions are controlled via handlebar buttons or the app itself.

Joining a growing trend among some connected e-bikes in 2025, the Raleigh ONE introduces a membership model to use some of its more desirable features such as sharing digital unlock access.

Base (free) with essential features including Ride dashboard, “basic security,” Bluetooth updates, and manual stolen mode.
Core (€7.99/month) with expanded services including automatic stolen mode activation, smart maintenance, and bike sharing access for one additional rider.
Icon (€14.99/month) includes all of the above plus over-the-air updates, bike sharing access for up to four other riders, remote arming, and full insurance coverage (provided by Hepster).

Memberships are optional, but the more advanced functionality (especially security and insurance) lives behind a paywall. Just like your friendly neighborhood dealer, Raleigh offers the Icon plan with a free trial (30 days) to help get you hooked. For those ready to jump in with two feet, the paid plans also have lower annual rates.

With a €2,699 / £2,399 price tag, the Raleigh ONE positions itself competitively among other premium urban e-bikes like those recently unveiled by VanMoof, especially considering its inclusion of fast charging (50% in 1 hour, full in just over 2 hours), built-in lights, belt drive, and theft protection ecosystem.

One of the standout value points is Raleigh’s dealer network and after-sales service, a major advantage over many online-only e-bike startups. Add in Raleigh’s 130+ year reputation in the cycling world, and the ONE looks like an interesting option for urban riders who want a worry-free, future-proof ride.

Accessories like front carriers, baskets, and integrated AXA locks round out the ecosystem, with more to come.

Selin Can, EVP of Mobility at Accell Group (Raleigh’s parent company), called the Raleigh ONE “a bold fusion of heritage and innovation.” That seems to be the goal here: take Raleigh’s deep cycling roots and plug them into a modern electric, digital, app-connected future.

With the launch of the ONE, Raleigh isn’t just releasing a new e-bike, it’s making a play to reclaim relevance in a world of smartphones, theft alerts, and mobility-as-a-service. The inclusion of basic tech features for free is important to prevent alienating its customers completely, though many riders may feel frustrated at having to pay extra to access hardware or features already designed into the bike.

What do you think? Is the Raleigh ONE an e-bike of the future, or a warning of what could be coming in a future walled garden? Let’s hear your thoughts in the comment section below.

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Environment

CNBC Daily Open: A confusing ceasefire forged by missile attacks

Published

5 hours ago

June 24, 2025

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CNBC Daily Open: A confusing ceasefire forged by missile attacks

Supporters of regime change in Iran rally outside the Wilshire Federal Building on June 23, 2025 in Los Angeles, California, U.S.

Mario Tama | Getty Images News | Getty Images

It’s a strange thought that launching attacks on other countries could lead to peace, but that seems to be the logic behind the abrupt escalation in conflict in the Middle East beginning Saturday. And now there’s a confusing ceasefire.

“Very confusing! Does Israel have 12 more hours to strike based on his [Trump’s] first announcement? Or are they supposed to be in ceasefire now? Even after the deaths in Beersheva and Iran’s barrage after the deadline? No one knows!” Dan Shapiro, former U.S. ambassador to Israel, posted on X.

Here’s a quick recap.

On Saturday, U.S. President Donald Trump authorized air strikes on Iranian nuclear sites, pushing America into Israel’s war with Tehran.

On Sunday, Iran’s Foreign Minister Abbas Araghchi said Tehran “reserves all options to defend its sovereignty, interest, and people.”

On Monday, Iran launched a retaliatory strike against America, targeting a U.S. military base in Qatar. Later that evening stateside, Trump announced a ceasefire.

On Tuesday, Iran’s Foreign Minister Foreign Minister Seyed Abbas Araghchi denied that the country had agreed to a ceasefire — but said Iran was open to halting its military operations if Israel, which has yet to respond publicly to Trump’s statement, stopped its “aggression against the Iranian people.”

Trump, on Tuesday morning stateside, declared the ceasefire was in effect.

While Iran continued striking Israel on Tuesday morning local time, Tehran’s state-aligned media reported them as “the last round of Iranian missile attacks … before the ceasefire began.” CNBC, however, was unable to independently verify the claim.

Iran also gave the U.S. “early notice” of its attack on the military base in Qatar, according to Trump. It was a “retaliation that was expected,” Republican House Speaker Mike Johnson said. Qatar also received advanced warning from Iran, according to The New York Times, which cited three Iranian officials familiar with the matter.

This, essentially, is “the peace through strength strategy,” Helima Croft, head of global commodity strategy at RBC Capital Markets, told CNBC.

In other words, there’s a small chance tensions in the Middle East might truly cool down following a carefully calibrated and symbolic exchange of strikes that projects strength from all parties, while also providing Iran an off-ramp to de-escalate tension.

Judging by stock markets worldwide and oil prices — which rose and fell, respectively — investors are indeed hopeful this missiles-led peace will likely stay.

What you need to know today

Iran says it’s prepared to stop attacks
Trump said early Tuesday morning stateside that the ceasefire between Israel and Iran — which he had announced Monday evening — was “now in effect.” Iran’s Foreign Minister Seyed Abbas Araghchi had earlier said there was “NO ‘agreement’ on any ceasefire or cessation of military operations,” but signaled that Tehran had “no intention” to continue armed conflict. Israel has not publicly confirmed that they have accepted Trump’s ceasefire timeline.

Iran strikes Israel and U.S. military base in Qatar
Iran on Tuesday fired a “final round” of missiles at Israel before the 12 a.m. ET ceasefire with Israel came into effect, Iranian state-aligned media announced Tuesday. CNBC was unable to independently verify the claim. On Monday, Iran launched an airstrike on United States’ Al-Udeid military base in Qatar, the largest American military installation in the Middle East, with around 10,000 service members.

Prices of oil post a huge drop
Oil prices fell sharply Tuesday during Asia hours on news that Iran was prepared to halt military operations. As of 1:30 p.m. Singapore time, U.S. crude oil was down 3.04% at $66.43 per barrel, while Brent had shed 2.99% to $69.34, with both benchmarks adding to the previous day’s losses of more than 7%. Trump on Monday demanded that “everyone” keep oil prices down or they would play “into the hands of the enemy.” Trump didn’t specify who he was referring to, but he seemed to be addressing U.S. oil producers.

Markets in U.S. rise on de-escalation hopes
U.S. stocks rose Monday as investors seemed hopeful of de-escalation in the Israel-Iran war. The S&P 500 climbed 0.96%, the Dow Jones Industrial Average added 0.89% and the Nasdaq Composite gained 0.94%. Tesla shares popped 8.2% after the company launched its robotaxis in Austin, Texas, on Sunday — but regulators are looking into reports of robotaxis driving erratically. Asia-Pacific markets climbed Tuesday, with South Korea’s Kospi index jumping 2.73% at 2:40 p.m. local time.

[PRO] Wall Street’s thoughts on robotaxis
Wall Street closely watched Tesla’s robotaxi launch in Texas over the weekend. Analyst outlooks on the event vary widely. While Wedbush’s Dan Ives, who rode in the robotaxis over the weekend, said it “exceeded our expectations,” Guggenheim’s Ronald Jewsikow called the event “baby steps.” Here’s what analysts think about what the robotaxis mean for Tesla’s stock.

And finally…

An Airbus A350-941 commercial jet, operated by Emirates Airline, at the Paris Air Show in Paris, France, on Monday, June 16, 2025.

Matthieu Rondel | Bloomberg | Getty Images

Airlines divert, cancel more Middle East flights after Iran attacks U.S. military base

Airlines diverted more Middle East flights on Monday after Iran’s armed forces said the country launched a missile strike on a U.S. military base in Qatar, as the region’s military conflict continued to disrupt airlines’ operations.

Dubai-based Emirates said that some of its aircraft rerouted on Monday and told customers that delays or longer flights were possible as it would take “flight paths well distanced from conflict areas,” while operating its schedule as planned.

Air India said it had halted all flights in and out of the region and to and from the east coast of North America and Europe “until further notice.”

Earlier, major international airlines including Air France, Iberia, Finnair and others announced they would pause or further postpone a resumption of service to some destinations in the Middle East.