ePropulsion celebrates continued growth and industry partners
by ePropulsion 31 Mar 14:02 PDT
ePropulsion 2025 Distributor Meeting Attendees © ePropulsion
ePropulsion Americas, the global leader in marine electric propulsion systems and services, has announced its continued success across the globe, thanks to growth driven by its diverse lineup of new products such as the eLite and X Series electric outboard platforms.
During its most recent distributor meeting, ePropulsion celebrated a 40% increase in sales in 2024, compared to 2023. In North America specifically, the Company celebrated a multitude of accomplishments, including a 22% increase in sales, 25% growth in new dealer locations, and 33% growth in new OEM partnerships.
ePropulsion's innovative eLite electric outboard greatly contributed to the Company's sales growth, selling thousands of units since its debut in January 2024. As the most compact and lightweight electric outboard in its class, the ePropulsion eLite 500W electric outboard is an easy-to-use alternative to small internal combustion engines. At just under three-feet in length and weighing 14.7-pounds including the built-in battery, the eLite stores easily and the one-click quick-release bracket allows for installation and removal in a matter of seconds.
Also, during the meeting, ePropulsion honored the Company's top global distributor for 2024, Mack Boring & Parts Co., ePropulsion's exclusive North American Distributor. A leading provider of power products, including electric motors and diesel engines, and power generation systems, Mack Boring & Parts Co. is based in Somerset, N.J.
"We're excited and very grateful for the continuously growing interest in ePropulsion at the dealer, OEM and consumer levels," said Tom Watson, president, ePropulsion Americas. "On behalf of everyone at ePropulsion, I want to thank all of our industry partners for leading us to continued growth as we bring more sustainable products to boating. We're looking forward to another successful year in 2025."