TYDE and BMW to begin work on electric-powered luxury yacht for 2024

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Lucy Ingham
Lucy Ingham
Head of Content
Lucy is Head of Content overseeing all content and taking deep dives into the trends and data driving changes in payments. Previously, Lucy worked as a technology journalist and editor,… Read more
  • TYDE, in collaboration with BMW, is making waves in the maritime industry once again with the announcement of its latest electric-powered luxury yacht.
  • With orders and production beginning in December 2023 and the first delivery expected in autumn 2024, TYDE is continuing to push the boundaries of innovation and environmentally conscious design in the luxury yacht industry.
  • This new project represents a new class of innovative watercraft, combining radical design innovations, advanced automotive technology and a user experience like no other.

TYDE, known for its innovative and sustainable yacht designs, has teamed up with BMW to introduce an electric-powered luxury yacht that utilises current know-how and technology transfer from the automotive sector.

Building on the success of their first collaboration, which resulted in the groundbreaking battery-powered vehicle The Icon, TYDE and BMW are continuing their mission to revolutionise sustainable mobility on the water.

The new Day Yacht, which was recently announced at the 28th World Climate Change Conference in the UAE, is now available to order worldwide, with global deliveries set to begin in autumn 2024.

Wealthy travellers wishing to purchase an electric-powered yacht from overseas will need to use safe international money transfer options when making down payments.

At 15 metres in length, the new hydrofoil yacht not only offers a luxurious experience for private individuals but also significantly reduces energy consumption through its innovative design.

The collaboration between TYDE and BMW highlights the commitment to sustainable drive technologies, high-end living and individual mobility off the road.

With its innovative design and intelligent technology transfer, the collaboration aims to create a day yacht that brings future-oriented mobility to the water, as asserted by Christoph Ballin, co-founder and managing director of TYDE.

In this project, TYDE is responsible for the concept, production, development and marketing, while BMW is contributing components and expertise from the electromobility field. The result is a future-oriented and luxurious yacht that embodies the BMW-typical joy of sustainable mobility.

According to the Vice President of Brand Communication and Brand Experience of BMW, Stefan Ponikva, this partnership aims to bring future-oriented and environmentally friendly mobility to the day yacht industry, while reaching more European customers who would not usually have access to yachting climates.

The yacht offers all the amenities of a luxury day yacht while producing zero emissions during operation. Likewise, the foiling technology on the yacht allows it to rest on hydrofoils beneath the water while the hull remains above the surface, saving a significant amount of energy and providing passengers with a smooth floating experience, even in rough waters.

High net-worth individuals (HNWIs) should use a safe money transfer service when purchasing sustainably friendly modes of transport.

HNWIs can use our online money transfer comparison tool to find the best overseas transfer rates available.


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