ePropulsion reports 60% jump in revenues for 2020, forecasts 100% for 2021

Hong Kong-based electric outboard manufacturer ePropulsion has reported a 60% jump in revenues for 2020 and is forecasting 100% growth for 2021. The results, says ePropulsion, were driven by recreational boating in Western Europe and North America – the company’s two top markets – with a large proportion of sales coming from the freshwater fishing segment and the sailing community.