Business & Tech

Go-Float Signs New Dealers to Sell Its Electric Boats

Based in Hopkins, Go-Float boats garnered their some of their first brand exposure on and around Lake Minnetonka.

Go-Float has signed four new U.S. dealers and one Israeli resort to sell the company’s electric boats, the company announced Wednesday.

The additional dealers are part of growing success the company credits in part to this year’s boat shows. Prior to the shows, it introduced four new models for 2012 with prices below $5,000. Its production team has doubled in size and expects to quadruple in 2012.

“Our boat show results have been better than expected. We are signing new dealers and those dealers report that they’ve sold boats within days of receiving their first shipment,” a news release quoted Steve Hendrickson, Go-Float’s general manager. “Our vision of electric boating is connecting with all types of people and we are thrilled to see the growing interest in Go-Float.”

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Based in Hopkins, Go-Float boats garnered their some of their first brand exposure on and around Lake Minnetonka. Go-Float launched to provide environmentally friendly watercraft to boaters. It initially offered just two models. The $1,995 SL1 resonated with those who wanted a slower, more-relaxing experience on the water, while the $9,495 RX1 could reach speeds up to 20 mph and was capable of pulling a water skier.

The four 2012 models range from the $1,895 Ion with a top speed of 4 mph to the $16,995 Vector that can go up to 22 mph.

Find out what's happening in Lake Minnetonkafor free with the latest updates from Patch.

When 5th District Rep. Keith Ellison , officials described a booming business that was in talks with companies in regions ranging from Scandinavia to the Mideast.

The new dealers are:

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