Candela’s flying electric boats raise additional €24M for scaling up mass production

It’s only been a few months since Stockholm-based Candela announced plans for its mass-produced C8 electric hydrofoil boat, but production planning is moving full steam ahead. And now, things may begin moving into overdrive thanks to a large new funding round that will see €24 million added to the company’s war chest.

It’s the largest funding round ever completed by a European boat maker, gas-powered or electric.

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Source: Charge Forward

Report: Acura will make EVs a bigger piece of its future, sooner than Honda

2021 Acura TLX Type SAcura is moving to embrace electric cars at a faster rate than parent Honda, Emile Korkor, the brand’s assistant vice president of national sales, said in a recent interview with Automotive News (subscription required). The premium Acura brand is “going much faster” than the main Honda brand in having EVs make up an increasingly larger percentage…
Source: Hybrid and Electric Car News and Reviews