Electric boat manufacturer X Shore plans to increase its production speed and develop its R&D activities in its new factory with an investment of 50 million dollars. The total investment amount received by X Shore company since 2016 has increased to 67 million dollars.
Electric boats have the characteristics of protecting the environment, not harming the seas and creating fuel economy. In the maritime sector, it attracts the attention of more investors, with the electric marine vehicles becoming more involved in maritime transportation. X Shore, known as the Sea Tesla, continues its goal of being the largest company in the industry. Headquartered in Europe, the company plans to open an assembly plant in the USA next year.
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