
Could the electric hydrofoil ferry change the way we commute?
Over the last few months, however, Stockholm has been testing a vessel that may solve that problem: the world's first
electric hydrofoil ferry
.
Developed by a Swedish start-up, Candela, a 30-seat, battery-driven vessel known as the P-12 has almost halved the commute time of a conventional diesel ferry - to 30 minutes - across an 11-mile stretch between the island of Ekero and City Hall in the centre of Stockholm. At the same time, the P-12 emits 95% less emissions than the diesel ferry and uses 80% less energy, according to SL, the Stockholm public transport authority.
Gustav Hasselskog, Candela's founder and chief executive, said the realisation, 11 years ago, that his speedboat guzzled 15 times as much fuel as his car had set him on a course to develop an energy-efficient maritime solution. "High-speed passenger ferries and boats are the least fuel-efficient mode of transit in the world because almost all energy is used to push away the water," he said. "If you convert to electric, you need massive amounts of batteries, which are expensive and have limited range. The only way to go far and fast on the same battery is when you hydrofoil." Hydrofoils are the winglike structures mounted under a boat's hull to lift the craft above the water as it gains speed, much as airplane wings do through the air. The technique drastically reduces drag from water friction and allows for faster, more energy-efficient travel.
Kuttenkeuler, who invented the Efoil, an electric hydrofoil board that glides above the water's surface, said
hydrofoil technology
was a common marine transport system in the 1980s but was phased out because of the high operational costs. Advancements in digitalisation, composite materials and sensor technology have contributed to its comeback, he added.
In addition to the environmental benefits, the electric hydrofoil has several other advantages. The batteries are relatively small, so they do not require massive charging infrastructure. They do not generate waves that erode the shoreline or wreak havoc for windsurfers and moored boats in their wake. And because they are kept level by a computer and soar over the waves, they do not cause seasickness.
So far, Mumbai, India, has the most ambitious plans for the P-12. JalVimana, the local shuttle operator, will begin with 11 ferries on popular tourist routes from the Gateway of India to Alibag and Elephanta Island. A third route will connect the airport with the centre of Mumbai, cutting travel time from 90 minutes by car to less than 30 minutes on the water.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Time of India
a day ago
- Time of India
Emily Karlsson, wife of William Karlsson, denies relocation rumors with renovation reveal
In the middle of the offseason, with William Karlsson enjoying a quiet summer with his family in Sweden, his wife Emily Karlsson took to social media to clear up a misconception ever so common. Tired of too many ads? go ad free now The fans speculated that the couple had moved away permanently from Las Vegas because the two were spending a long time overseas. Yet, Emily cleared that up in a hurry through her Instagram stories, denouncing the thought that the house in Nevada was being abandoned for extensive renovations. Emily Karlsson details the Vegas renovation project while embracing the serene Swedish summer with William Karlsson and the kids Emily Karlsson, wife of William Karlsson, denies relocation rumors with renovation reveal (Image Via IG/@efergie13) . The Karlssons had another behind-the-scenes clip posted by Emily, with a house renovation going on in Las Vegas of epic dimensions. T he brief clip showed cut-out ceilings, wooden panels, insulation at the intermediate stages, and a mad rush of a construction crew working on the major changes. The caption for the clip exclaimed the importance of it all to her. The house was barely recognizable, yet Emily and William were ecstatic with the progress, a sure sign that the two were only selling their unmodernized space while they spent time in Sweden. She brushed aside the growing speculation by stating that they had not moved away from Vegas, simply renovating the home. The Karlssons are those kinds of persons who split their time between the career of William in the NHL and family ties in Europe, so this stay in Sweden comes as no surprise. Emily gave the online assumptions a firm-bodied yet cheerful characterization. During the same period, Emily shared another intimate familial glimpse into an off-season life in Sweden. Tired of too many ads? go ad free now A curated set bore images of William Karlsson bonding with his sons Beckham and Maxwell- playing in gardens, lounging about a dock by the lake, and savoring some ice cream under the Scandinavian sun. Emily expressed her love for the calm, nature-filled environment, except she did mention that the nine-hour difference poses a bit of a challenge regarding travel with two young kids around. Nevertheless, it seems the family is thriving amongst forests, lakes, and a slow-paced way of living. Emily called it a fairytale-type summer full of tiny pleasures and serene beauty-infinitely preferable to the glitz of Las Vegas. Also Read: The Karlssons have not gone on to move away-they might have only pressed the pause button in another timezone. While undergoing a facelift, the Karlssons' Vegas abode finds time for William Karlsson and Emily Karlsson to enjoy family time in Sweden, striving for a perfect balance between hockey and personal serenity.


Time of India
a day ago
- Time of India
$3.89 trillion Nvidia just set its sights on robots from silicon, CEO Jensen Huang says it's the future
Nvidia Nears $4 Trillion as CEO Jensen Huang Sets Sights on Humanoid Robots- Nvidia (NVDA) is no longer just the leader in artificial intelligence chips—now, it's going after something even bigger: humanoid robotics. This week, Nvidia's market cap reached a staggering $3.89 trillion, bringing it within striking distance of Microsoft's all-time peak valuation. But beyond the numbers, what's really catching attention is CEO Jensen Huang's bold new direction. Speaking at the VivaTech conference in Paris, Huang didn't just talk about the future—he unveiled it. He introduced AEON, a full-stack humanoid robot built in collaboration with Swedish firm Hexagon (HXGBY). This isn't a prototype or lab concept. AEON is real, built, and aimed at practical use across industries. Could robotics become Nvidia's next trillion-dollar industry? Just a few years ago, AI seemed like a moonshot. Today, Nvidia owns the space. Now, Huang believes robotics could be even bigger—'the largest industry in the world,' as he put it in Paris. And he's putting real resources behind that vision. In fiscal 2024, Nvidia's robotics and automotive division earned $1.7 billion. According to analyst estimates, that number could skyrocket to $7.55 billion by early 2030s. If AEON and similar platforms find commercial success, that forecast might even prove conservative. The pivot to robotics isn't just speculative—it's already in motion. With Nvidia's software, sensors, and chips powering the hardware, the company is building a complete robotics ecosystem, not just a single product. Live Events How close is Nvidia to overtaking Microsoft in market value? As of this week, Nvidia is only $50 billion behind Microsoft (MSFT), the current record-holder for public market valuation. With Nvidia's stock already up 19% this year, that gap could close at any time—possibly even within days. This rise comes despite earlier turbulence. U.S. restrictions on chip exports to China hit Nvidia's business temporarily, causing a short-term dip. But the rebound was swift, and the company now sits at the top of global markets. Investors are betting on more than just AI chips—they're buying into Nvidia's next chapter, which includes robotics, automotive tech, and full-stack AI platforms. Is seasonality about to boost Nvidia's stock even higher? History suggests Nvidia could be in for an even bigger rally. According to Dow Jones data, Nvidia stock tends to gain around 4% in Q3, but in Q4, the average gain jumps to 23%. That pattern, combined with growing excitement around robotics, could fuel a breakout toward the $4 trillion mark—or beyond. These trends give Nvidia a unique edge. While other tech giants like Apple and Amazon are maturing, Nvidia continues to open new growth frontiers, giving investors reasons to stay bullish. What makes AEON different from other robots? Unlike many robotics projects that remain stuck in development, AEON is already functional. Developed jointly with Hexagon, it's part of Nvidia's Project GR00T, an initiative aimed at building intelligent humanoid robots for real-world tasks. AEON runs on Nvidia's full-stack AI platform, combining powerful chips, vision sensors, simulation software, and robotics AI. This end-to-end integration gives AEON a significant edge—it's not just hardware or software, it's both, working together. Huang's plan isn't just to make robots that move. He wants them to see, think, learn, and work, potentially transforming industries from manufacturing to healthcare. Nvidia (NVDA) data table for today: Metric Value Stock Price $159.34 (+$2.05, +1.3%) Market Capitalization $3.89 trillion Intraday High / Low $160.95 / $156.60 YTD Stock Gain +19% Automotive & Robotics Quarterly Rev. $567 million (↑ 72% YoY) FY24 Robotics & Automotive Rev. $1.7 billion Projected 2030s Robotics Rev. $7.55 billion Is Nvidia's future more than just silicon? That's the real story here: Nvidia is evolving beyond chips. After scaling the summit of the AI industry, the company is now positioning itself to shape the next wave of intelligent technology. Other firms might focus solely on software or chips. Nvidia, under Huang's leadership, is building full ecosystems. That includes not just GPUs, but also AI models, simulation engines, and robotics frameworks. And it's not stopping there. With new partnerships, deep-pocketed R&D, and unmatched AI leadership, Nvidia may not just lead the robotics era—it could define it. Is Nvidia just getting started? It sure looks that way. With its market cap nearing $4 trillion, robotics revenues set to multiply, and CEO Jensen Huang driving bold innovation, Nvidia seems poised for another massive leap. The question now isn't whether Nvidia can catch Microsoft—it's what comes next after it does. If history is any guide, humanoid robots could be just the beginning. FAQs: Q1. What is Nvidia AEON humanoid robot? Nvidia AEON is a full-stack humanoid robot developed with Hexagon for real-world use. Q2. Is Nvidia entering the robotics industry? Yes, Nvidia is expanding beyond AI chips into robotics, led by CEO Jensen Huang.


Time of India
a day ago
- Time of India
Could the electric hydrofoil ferry change the way we commute?
During the golden age for ferries in the 1800s, steamboats dotted the shorelines of coastal cities to transport passengers. Then cars and trains took over. Now, driven by congestion and the revitalisation of urban waterfronts, ferries are making a comeback. But, what operators struggle to offer is a fast, sustainable mode of transit. "Commuters want speed," said Jakob Kuttenkeuler, a professor of naval architecture at the KTH Royal Institute of Technology in Stockholm. Over the last few months, however, Stockholm has been testing a vessel that may solve that problem: the world's first electric hydrofoil ferry . Developed by a Swedish start-up, Candela, a 30-seat, battery-driven vessel known as the P-12 has almost halved the commute time of a conventional diesel ferry - to 30 minutes - across an 11-mile stretch between the island of Ekero and City Hall in the centre of Stockholm. At the same time, the P-12 emits 95% less emissions than the diesel ferry and uses 80% less energy, according to SL, the Stockholm public transport authority. Gustav Hasselskog, Candela's founder and chief executive, said the realisation, 11 years ago, that his speedboat guzzled 15 times as much fuel as his car had set him on a course to develop an energy-efficient maritime solution. "High-speed passenger ferries and boats are the least fuel-efficient mode of transit in the world because almost all energy is used to push away the water," he said. "If you convert to electric, you need massive amounts of batteries, which are expensive and have limited range. The only way to go far and fast on the same battery is when you hydrofoil." Hydrofoils are the winglike structures mounted under a boat's hull to lift the craft above the water as it gains speed, much as airplane wings do through the air. The technique drastically reduces drag from water friction and allows for faster, more energy-efficient travel. Kuttenkeuler, who invented the Efoil, an electric hydrofoil board that glides above the water's surface, said hydrofoil technology was a common marine transport system in the 1980s but was phased out because of the high operational costs. Advancements in digitalisation, composite materials and sensor technology have contributed to its comeback, he added. In addition to the environmental benefits, the electric hydrofoil has several other advantages. The batteries are relatively small, so they do not require massive charging infrastructure. They do not generate waves that erode the shoreline or wreak havoc for windsurfers and moored boats in their wake. And because they are kept level by a computer and soar over the waves, they do not cause seasickness. So far, Mumbai, India, has the most ambitious plans for the P-12. JalVimana, the local shuttle operator, will begin with 11 ferries on popular tourist routes from the Gateway of India to Alibag and Elephanta Island. A third route will connect the airport with the centre of Mumbai, cutting travel time from 90 minutes by car to less than 30 minutes on the water.