Density Meets the Deep: Engineering EV Systems for Maritime Environments (Download)
There’s probably no exact total number for electric boats and ships now afloat and in operation, but the market includes over 100 manufacturers and thousands of individual vessels.
Driven by national and international regulations and a desire to reduce the direct use of fossil fuels, the number of electric vessels is growing rapidly, with estimates suggesting the market value will exceed $20 billion by 2027. Most of today's electric boats are smaller recreational craft, though larger electric or hybrid tugs, ferries, and ships are becoming increasingly common.