This $300,000 electric speedboat glides above the water at over 30 miles per hour — take a look

Swedish electric boat manufacturer Candela hopes to popularize the electric boat market with its latest model, a vessel that cruises above the water on hydrofoil wings. The Candela C-8 uses computer sensors to lift the boat up on the foils so its hull is elevated above the water. In doing so, it reduces drag and lowers the amount of energy needed to power the boat.