Swedish electric boat maker Candela is developing the P-12, a hydro-foil ferry designed to bring commuters back to the water [1].
This shift toward electric hydro-foil technology could significantly reduce the environmental impact of urban transit while lowering operating costs for public transport operators [1, 2]. By lifting the hull above the waves, the vessels minimize drag and energy consumption.
The P-12, also referred to as the P-12 Business, is described as a luxury electric ferry [2]. It is designed to soar just above the water, which allows it to maintain a smooth ride at speeds reaching 30 knots [2]. This efficiency is a core component of Candela's strategy to make water-based commuting an attractive alternative to road congestion.
Stockholm-based Candela has been refining the technology for several years [3]. A representative said that the first prototype of the P-12 was placed in the water almost three years ago [1]. Since the initial launch of that prototype, the company has built a larger number of boats to scale its operations [1].
To support this expansion, the company has focused on raising capital to scale its fleet of electric ferries [3]. This financial growth is intended to prepare the company for a potential initial public offering [3]. The company's goal is to transform how cities utilize their waterways by providing fast, quiet, and sustainable transportation options [1, 2].
As the P-12 moves from the prototype stage toward broader implementation, the company continues to test the viability of hydro-foil technology in commercial settings. The integration of electric propulsion and foil-borne flight represents a departure from traditional displacement hulls, which are often slower and more energy-intensive [2].
“The P-12 Business is a luxury electric ferry that soars just above the waves”
The development of the P-12 suggests a transition in maritime transit from traditional diesel-powered ferries to high-efficiency electric foils. If Candela successfully scales this technology, it could reduce urban traffic congestion in coastal cities and lower the carbon footprint of public transit by leveraging existing waterways as high-speed corridors.
