Saudi PIF launches world’s first electric racing boat

Electric Marine Racing Co., or E1 Series, has officially launched the innovative electric racing boat that it announced last year in partnership with Saudi Public Investment Fund. 

The boat, RaceBird, took flight for the first time on the River Po in northern Italy, after completing a series of tests and performance runs with ex-powerboat world champion Luca Ferrari behind the wheel. The single-pilot vessel is powered by a 150 kilowatt Kreisel battery and a Mercury Racing outboard motor, with the boat lifting onto its foils, allowing torque and acceleration.

The RaceBird is a product of Saudi PIF and E1 Series partnership to create the world’s first electric powerboat racing competition.

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