ePropulsion, a global leader and market challenger in marine electric propulsion systems and services, has today announced its expansion in Europe with the appointment of KGK Motor AB as its distributor in Sweden.
KGK Motor AB, a privately owned company, is daughter company to KG Knutsson AB which was founded in 1946 and has a total of 1,300 employees. KGK Motor AB is a major player in the Swedish marine market with a net of 107 marine dealers and partnerships with several important boat builders. Niklas Lindell, CEO of KGK Motor AB, commented: “It’s great to be entering this new partnership with ePropulsion, a company that we see going from strength to strength in Sweden. We’re excited to be part of the rise in more sustainable boating and we’re looking forward to growing the market and benefitting our customers who are interested in using environmentally friendly, innovative equipment.”
Danny Tao, Co-founder and CEO of ePropulsion & Niklas Lindell, CEO of KGK Motor AB
Sweden’s boat sales correlate with a growth in staycations and the sales of small motorboats, which are the preferred type of boat for use on the country’s rich network of waterways. ePropulsion sees the country as an important part of its growth in Europe, owed to the appetite from customers looking for more sustainable boating options and a growing number of conscientious boat owners converting from petrol to electric propulsion outboards. The company’s vision in the market is supported by the recent relocation of its Chief Marketing Officer, Chang Zhao to the country. Chang added: “Sweden is a strategic market for ePropulsion and one we are excited to expand. I’m looking forward to seeing our products take off firsthand and I am confident that the partnership between ePropulsion and KGK Motor AB will flourish.”
Danny Tao, Co-founder and CEO of ePropulsion, added: “We are thrilled to announce our new partnership with KGK Motor AB in Sweden, an important market for ePropulsion and an area we see lots of potential for growth with an increasing number of boat owners converting to electric outboards. Our products are renowned for being high quality, quiet, eco-friendly and low maintenance. We’re excited to welcome the team to our distributor network and offer our products to this market.”