Los Angeles-based electric boat manufacturer Arc on Tuesday introduced an electric sports boat meant for the mass market named Arc Sport. The vehicle has 226 kWh of battery capacity, can provide 570 hp of power, can seat 15 people, and starts at $258,000.
What Happened: Arc, founded in 2021 by a small team of SpaceX alumni, aims to electrify the marine industry. The company’s first model called Arc One was an electric limited-edition luxury cruiser priced at $300,000.
The electric sports boat is the second model from the company backed by popular names including Will Smith, Kevin ...