All Engines and Propellers articles – Page 21
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News
Caterpillar Marine’s new Triple Turbo diesel takes performance to another level
Caterpillar Marine will release its C32B Triple Turbo 2433 metric horsepower (MHP) high-performance diesel engine late this year, targeting sportfishing, governmental and yachting repower markets.
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Pure Watercraft secures US$37.5m funding for electric outboards
US-based Pure Watercraft closed a US$37.5m Series A round of funding on Friday, which includes a previously announced US$23.4m. The oversubscribed funding round was led by venture capital and private equity firm L37, whose managing partner Randall Ussery will take a seat on the Pure Watercraft board of directors. “We ...
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Suzuki’s Thai factory produces one-millionth outboard
The plant manufactures 12 models of four-stroke outboards from 2.5hp-30hp
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Volvo confirms electric push
Volvo Penta’s Heléne Mellquist: “We will perform by improving our current portfolio, based on current customer and market needs” In line with the Volvo Group’s new ambitions, Volvo Penta has accelerated its sustainability aims. The Volvo Group recently announced its plans to be a net-zero emissions company ...
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ePropulsion appoints Italian distributor
ePropulsion, the marine electronic propulsion specialist from Hong Kong, has appointed Commerciale Selva as its new distributor in Italy.
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Vision Marine IPO opens higher, shares soar in first day of trading
Vision Marine Technologies’ first day of trading on the US Nasdaq saw its IPO open 10% higher, at US$11.03 per share, then gaining 72% at its peak before some profit taking closed the day at US$13.69, nearly 37% first-day growth. The Quebec, Canada-based manufacturer of E-Motion electric outboard powertrains announced ...
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Production move impacts OXE Marine results; BMW to co-brand OXE300
OXE saw a busy third quarter with a 77% jump in its order book, further development plans with BMW and Evoy, preparations for production in the US and Poland, and first sales to China via partner Parsun Power
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E-Motion outboards to go public, Vision to price placing
Vision Marine Technologies, the Canadian firm behind the E-Motion electric outboard, has announced an initial public offering of 2.4 million common shares at US$10 per share to raise US$24m before offering expenses. The new stock will be offered on the Nasdaq under the ticker symbol ‘VMAR’ with trading beginning today ...
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Nanni in supply deal with Integrity Boats
French engine manufacturer Nanni has announced that its N6.285CR2 engine has been chosen by Integrity Boats to power its latest model, the Classic 440 Sedan.
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Torqeedo hosts digital conference, announces new products for 2021
German electric propulsion specialist Torqeedo announced a raft of new products and developments at a digital press conference yesterday.
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Torqeedo to host digital conference this week
The event takes place on Thursday 19 November at 2pm CET
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OXE Marine dealer wins US government contract
OXE Marine AB distributor, Diesel Outboards LLC, has confirmed an order for more than 50 OXE300 outboard motors from Spartan Corp, a premier dealer that has been awarded a US government multiyear contract to outfit and support operations in Central America.
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New technology and sustainability ambitions go hand-in-hand
With a new commitment to emission-free products by 2050, Volvo Penta is teaming up with a range of partners to collaborate on bringing new technologies to the market
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Bentley to stop making fossil fuel cars by 2030, hybrids only from 2026
Bentley, the British luxury carmaker, in a bid to champion sustainability, has announced that it will stop making fossil fuel cars and switch to hybrids from 2026 and aims to be completely carbon neutral by 2030.
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Volvo Penta to exit outboard segment
Swedish engine maker Volvo Penta announced today that it will phase out production of Seven Marine outboard engines, although it will continue to support the brand’s existing customer base
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Volvo outlines path towards zero-emission products
As part of its Market Capital Day, Sweden’s Volvo Group made a passionate pitch to investors today about the company’s vision for fossil-free products and for the business as a whole over the next two decades
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Suzuki Marine has credible first-half year
While total corporate results showed sigfnificant weakness, Suzuki’s Marine division produced first-half results virtually level with 2019…
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Brunswick reports ‘outstanding’ Q3 and is bullish on 2021
The industry’s largest company said it outperformed the market in its third quarter ending September 30, achieving double-digit growth in sales and earnings. Historically-low boat inventory levels position the company exceptionally well for the remainder of the year and throughout 2021.
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New Volvo Penta president outlines challenges and changes going forward
Sustainability a key theme as well as attracting new and younger people
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Cummins’ North American sales decline, international sales stable
Cummins Inc closed its third quarter with revenues down 11% to US$5.1bn from last year, led by an 18% drop in North American sales while international revenues were flat.