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YAMAHA MOTOR ACQUIRES ELECTRIC MARINE PROPULSION MANUFACTURER TORQEEDO
Yamaha Motor announced today that it has recently concluded a stock purchase agreement with Germany’s DEUTZ AG, which owns marine electric propulsion manufacturer Torqeedo, to acquire all of Torqeedo’s shares. This stock acquisition is premised on the acquisition of the clearances, permits, etc., required by…
Torqeedo powers electric passenger vessels at new Vinpearl resort in Vietnam
Torqeedo is supplying electric propulsion systems for a fleet of 15 new passenger excursion boats recently delivered to Vinpearl’s newest resort development at Hoi An, Vietnam. The 9m (29.5ft) FRP displacement craft, built by Song Lo Shipbuilding in Nha Trang, are powered by Torqeedo Deep…