Arc Boats
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Description
Arc Boats wants to electrify all waterborne vessels, starting with pleasure craft. While electrification might not yet be viable for freight ships, rapid advances in batteries not only make electrification of non-cargo vessels possible, but pragmatic. Starting with higher-margin vessels in which batteries beat out gas on cost, operations, and maintenance enables Arc to scale up to larger boats like ferries and freight.
Grand Challenge
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Maturity
Green tags
Source
Lower Carbon Capital