Electric passenger boat startup Candela has topped off its most recent raise with another $14 million, the company announced Thursday, and has sold the first of its ferries in the U.S. — bound ...

The new investment round will help to scale up production to meet demand for the recently launched Candela P-12, the world’s first electric hydrofoil ferry. The P-12 is the first fast and long ...

By incorporating hydrofoils, the Candela C-7 achieves a top speed of 30 knots (35 mph, 56 km/h), and a range of 50 nautical miles (57 miles, 93 km) at 22 knots (25 mph, 41 km/h) on a single charge ...

Candela’s P-8 leisure craft in Seattle. Image Credits: Candela The P-12 is the institutional follow-up to the P-8’s leisure craft.

Candela plans to build the “world’s most automated boat factory” in north Stockholm, which will be capable of producing 400 Candela C-8 boats per year, as well as a number of Candela’s ...

Candela's boat models Candela, which manufactures its boats in Sweden, delivered 32 C-7 models from 2019 to 2021. This small model was custom-built and meant as a kind of proof of concept.