Dr. Ing. h.c. F. Porsche AG, commonly known as Porsche, is a high-performance automobile manufacturer with its headquarters in Stuttgart, Germany. The company was founded in 1931 and boasts of a luxury line of sports cars, SUVs, and sedans. Volkswagen owns 75% of the Porsche brand.
Frauscher Shipyard is a boat manufacturer that specializes in premium motorboats, electric boats and yachts. The company was supposedly founded in 1927 and is headquartered in Germany.
According to Porsche, both companies have jointly produced a new electric boat that comes equipped with the drive technology of the all-electric Porsche Macan. This new boat is called the 850 Fantom Air, and its official world premiere is set to hold in 2024.
The announcement further mentions that the 850 Fantom Air will cost $595,345 USD (€561,700), and only 24 units will be built for the first edition. Interested customers have been advised to register at the official website, www.frauscherxporsche.com.