GM invests in electric boat startup Pure Watercraft
General MotorsThe two companies told CNBC this year that they have acquired a 25% stake in Pure Watercraft, a Seattle startup that manufactures electric outboard motors for boats, claiming to be “focusing on electrification.” ..Pure Watercraft motors use lithium-ion batteries and replace 40-50 horsepower outboard motors that burn gas or diesel. Traditional fuel-powered boats are a source of environmental problems such as noise pollution, smog and water pollution. It is clear that these problems are floating in the wake water. Pure’s system is much quieter and cleaner. PureWatercraft CEO Andy Rebele, a lifelong fishing and boat enthusiast and former boat coach, was lined with huge market opportunities for personal motivation to solve these problems. ..