The boat manufacturer Axopar Boats from Finland is investing in the electric motor manufacturer Evoy. The Finnish company announced this in a press release on 28 June. The boat manufacturer is acquiring a 10 per cent stake in Evoy. In doing so, Axopar wants to increase its commitment to the development of electric boats and promote more sustainable boating.
Extensive dealer network
The major advantage for Evoy is Axopar's huge existing dealer network, valuable expertise and boatbuilding experience. This should result in uncomplicated and easy-to-install solutions, especially for future developments. A development that will also benefit other boat manufacturers who want to convert their boats to electric propulsion. In addition, both want to show that electric boats are competitive and real alternatives to conventional boats with combustion engines.
Axopar Boats and Evoy on a joint mission
Jan-Erik Viitala founding partner of Axopar Boats says:
Our joint mission is to inspire a broader mass towards sustainable boats and to encourage other boat manufacturers to invest in electric boats as well."
Leif A. Stavostrand, CEO of Evoy:
We are very pleased to welcome Axopar as a strategic investor who not only brings significant investment but also a great network."
