The U.S has great interested in Korean eco-friendly boat engines, ELECTRINE ELECTRINE has closed USD 3.14 million contract at the 2018 San Diego International Boat Show
Oct 13, 2020, 06:08
ELECTRINE, a Korean electric boat engine manufacturer, participated in the San Diego International Boat Show held in San Diego in 2018.
During the San Diego International Boat Show event, more than 10,000 visitors visited ELECTRINE's booth, attracting high attention from the local media and people. The United States also recognized the value of ELECTRINE, which leads the market through competitive technology and insights into future technologies
In particular, officials such as Canadian Boats, an American boat hull manufacturer, Hyundai Heavy Industries' North American branch, and IDTechEx, a global research organization, visited and showed interest in ELECTRINE
At the 2018 San Diego International Boat Show, it said it had closed a contract worth a total of 3.14 million dollars. Among them, the contract signed with Ruckmarine in the United States amounts to .21 million for an electric engine sports boat
Currently, some of developed countries, including the United States and China, are banning ships with internal combustion engines to protect the environment.
CEO of Jun-hee Won of the ELECTRINE said, “If this trend is the case, an eco-friendly era will come in the near future, and electric boats are expected to be introduced in the future.”
In the US boat market, the sailing yacht market share that ELECTRINE is targeting is 15.1% in 2015. The aging yacht engine has low fuel economy and a lot of oil spills during operation, which was a pain in the neck.
In addition, it is expected that the strengthening of environmental and institutional regulations will continue in developed countries including the United States. However, the problem will be solved by replacing it with an electric boat engine of ELECTRINE
Following this momentum, ELECTRINE, a Korean electric boat engine manufacturer, is planning to establish factories in Korea, the US and China. The scale of investment in the US plant is about USD 17 M, and planning to entering the U.S market
For more information on ELECTRINE, visit http://www.electrine.co.kr
Contact : Tel. +82-31-292-6649
Related Link : http://www.electrine.co.kr
Written by Hanmir PR News
► This is a news release distributed by Hanmir PR news on behalf of ELECTRINE
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