Cleaning Up. Leadership in an age of climate change.

Who Will Be the Tesla of the Waves? Ep183: Ben Sorkin

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Episode notes

How difficult is it to power a boat just with electricity? Is an electric outboard as reliable as a fossil-fuel one when taken out to sea? And just how much better is an electric engine for reducing pollution and noise? 

Around the world there are tens of millions of small boats, from high-performance luxury craft to workhorse fishing vessels, nearly all of which run on fossil-fuel powered engines. But with the rapid advancements in electric vehicles, a small group of companies are now turning their minds to cracking the boating problem, inventing electric engines that are quieter, less polluting, and can deliver just the same performance. 

In Europe, perhaps the best known is the German company Torqeedo. Founded in 2004, they've sold a quarter of a million electric motors to date, and this year, were acquired by Yamaha Motors. Norwegian company Evoy have recently joined forces with Vita, a UK-Monaco based company, and Candela, another Scandinavian boat builder, are revolutionising engines and boats with their hydrofoiling concept. 

This week on Cleaning Up, Baroness Bryony Worthington speaks with Ben Sorkin, CEO and co-founder of Flux Marine, headquartered in Newport, Rhode Island. Flux Marine are hoping to take on the US market with their customizable electric propulsion systems and have a 40,000 square foot factory in Rhode Island. Bryony asks Ben how his electric engines compete on cost and performance, what Flux Marine’s scale-up plans are, and why it’s so much harder to electrify a boat than a car. 

Leadership Circle

Cleaning Up is supported by the Leadership Circle, and its founding members: Actis, EcoPragma Capital, EDP of Portugal, Eurelectric, the Gilardini Foundation, KKR, National Grid, Octopus Energy, Quadrature Climate Foundation and Wärtsilä. For more information on the Leadership Circle, please visit https://www.cleaningup.live 

Links

  • Flux Marine: https://www.fluxmarine.com 
  • Is Shipping the Easiest "Hard-to-Abate" Sector? — https://www.youtube.com/watch?v=umPAonV20cM 
  • Arc Boats: https://arcboats.com 
  • Candela Hydrofoiling Boats: https://candela.com