Echandia Marine

Echandia Marine is an electric ferry propulsion systems and marine consultancy platform.

Echandia Marine is an expert in energy storage systems and marine propulsion. They can also offer related services from basic advice to key-ready solutions for complete plug-in hybrid electrical propulsion systems. Echandia's key focus is on LTO batteries for heavy-duty applications. Their battery systems are based on Toshiba's LTO (Lithium-Titanium-Oxide) cells. They began with a naval architect’s mission to bring advanced submarine technology ‘to the surface’, revolutionizing the electric ferry market. Today, the Echandia team comprises naval architects, energy experts, management consultants and others, all passionate about environmentally-friendly vehicles. Together they decided to take steps to change the world by delivering silent, zero-emission passenger ferries in the range of approximately 70 to 300 passengers.

Location: Stockholm, Sweden


  • Stage: Grant
  • Last round closed: 09/01/2016
  • Total funding to date (USD): $1,363,070


Magnus Eriksson - Co-founder & CEO

Jean-Marc Holt - Vice President of Sales