Torqeedo

Torqeedo Logo

Twitter Pitch

Torqeedo is the global leader in electromobility for boats. Electric outboards don’t contaminate water and have a smaller carbon footprint.

Company Information

Christoph Ballin Photo

Elevator Pitch

Based on superior technology and superior drivetrain engineering, Torqeedo outboards feature world record overall efficiencies, i.e. they provide more power and range from a given battery supply than any other outboard in the market. Additional USPs include:

  • Only outboards with integrated lithium battery systems in the market
  • Best power-to-weight-ratios in the industry
  • All outboards waterproof IP67
  • All outboards with integrated information system including GPS based range calculator
  • All outboards with competitive pricepoints

Torqeedo outboards address the outboard motor market, which is approximately a €3 billion market. Customers are all outboard customers, if they look for an outboard that is more environmentally friendly, equals the performance of a comparable gasoline outboard in power and range and has many advantages over a gasoline outboard (lighter, easier to handle and operate, entirely waterproof, more intelligent information system). Torqeedo is currently addressing the low horsepower segment, working its way up into the larger higher horsepower segments. Torqeedo is establishing itself as the leading technical consumer brand in the market for clean boating propulsion worldwide. The company was founded by Dr. Christoph Ballin and Dr. Friedrich Böbel, former managers of Gardena, McKinsey and Müller-Dairy.

Smart Green Product

Torqeedo is the first and most successful company globally to address the opportunity of electromobility on the water. The current product portfolio comprises 13 different outboards in 4 product groups ranging from 1-15 HP:

  • Ultralight: 1 HP outboard with integrated lithium battery for lightest boats, weighing just 7 kg incl. the battery, solar charging option
  • Travel: 3 HP outboard with integrated lithium battery, for tenders, dinghies and daysailers, solar charging option
  • Cruise: outboards up to 15 HP, for boaters on green lakes and boaters looking for powerful electric propulsion
  • Power: Lithium battery supply for Cruise outboards and other electric requirements on board

Using the extremely efficient outboards Torqeedo has a substantial impact on the environment. California based Environmental Capital Group estimated the impact of Torqeedos business from 2006 until 2011 as follows:

  • Greenhouse Gas Emission: Approx. 4.000 tonnes saved
  • Energy: Approx. 1.7 million liters of gasoline not consumed
  • Water: Approx. 12 million cubic meters not polluted up to a standard that the US EPA would consider a “chronic potency ratio”.

Torqeedo Boat

Torqeedo Product

Torqeedo Product Detail

Milestones

  • Funding: confidential
  • Investors: WHEB Partners and Robert Bosch Venture Capital
  • Employees: 2011: 38
  • Revenues: 2011: €9.2M
  • Awards: Torqeedo won several awards, please check our website for more details.