Genevo Marine, a pioneering startup led by renewable energy entrepreneurs Damon Rahmate and Andrew Davey, is set to revolutionize Australia’s marine industry with the production of the country’s first high-performance electric motor yacht. Leveraging their expertise from Genevo Renewables, known for delivering solar energy storage systems, Rahmate and Davey aim to make a splash in the electric boat market.
Teaming up with Gold Coast boatbuilder Mahi Boats, Genevo Marine plans to debut its first model, the E8—a luxurious 8.2-meter motor yacht. Not content with just manufacturing electric boats, Genevo Marine is also exploring plans for a charging network to support the burgeoning EV movement on water.
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But their green initiatives don’t stop there. Genevo Marine is committed to sustainability in boat construction, developing a proprietary recycled composite with Deakin University. This eco-friendly approach aims to drastically reduce the carbon footprint associated with traditional manufacturing processes.
With a keen eye on overseas markets and a dedication to environmental stewardship, Genevo Marine is poised to make waves in the electric boat industry. Stay tuned for their prototype’s launch, as they navigate towards a cleaner, greener future for Australia’s waters.
Additionally, Genevo Marine’s commitment to sustainability extends beyond boat construction. They plan to establish a charging network that not only supports electric boats but also electric vehicles (EVs). By partnering with a leading technology provider, Genevo Marine aims to ensure efficient and reliable charging solutions for both land and water-based electric vehicles. This initiative aligns with their vision of creating a comprehensive infrastructure that fosters the widespread adoption of electric transportation, reducing reliance on fossil fuels and minimizing environmental impact.
Furthermore, Genevo Marine’s innovative approach doesn’t stop at manufacturing; they’re also revolutionizing the service aspect of the electric boat industry. Unlike traditional charging networks, Genevo Marine will take ownership of servicing and maintaining their charging infrastructure. This hands-on approach ensures minimal downtime for users and addresses the challenges that have plagued other EV charging networks. With their forward-thinking strategies and commitment to sustainability, Genevo Marine is set to lead Australia’s electric boat revolution into a cleaner, greener future.
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