Electric boat manufacturer X Shore announced it has secured its latest round of investment funding, adding another SEK 300 million ($29M) to its piggy bank. The fresh funds will be used to scale production of its first two electric boat models and eventually reach profitability. Additionally, X Shore is further investing in US market operations where its seeing the biggest appetite for its zero-emission vessels. More…
X Shore raises $30M to scale electric boat production and grow its US market presence
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