Latest Echandia News & Updates

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Echandia

Marine battery systems for demanding applications

echandia.com

Headquarters: Stockholm, Sweden
Founded year: 2018
Company type: Private company
Number of employees: 95–200
Industry: Electrical Components & Equipment

Last updated October 27

Latest news about Echandia

In short: Echandia raised SEK 220 million, won major battery contracts, launched new systems, and scaled US production.

Company announcements

October 27 Echandia

Echandia battery systems pass FAT for NATO navy vessels

Approved batteries will handle peak shaving and load management on coastal hydrographic ships, enabling automatic generator start-stop operations.

November 12, 2025 Echandia

Echandia wins contract for Canadian Coast Guard icebreaker

Echandia secures order from ABB for hybrid icebreaker battery system, marking Canadian market entry. Delivery scheduled for 2026.

October 28, 2025 Echandia

Echandia wins battery supply contract for Spliethoff vessels

The deal covers eight newbuild cargo vessels built in China, with options for two more. LTO systems optimize generator efficiency during cargo operations. First delivery scheduled for April 2027.

March 3, 2025 Echandia

Echandia secures SEK 220 million funding

The round, led by Klima and Industrifonden, funds global expansion and production scaling in Sweden and the US to meet demand.

Media coverage

September 3 Shippax

Echandia Marine is building the battery systems for the world's largest fleet of electric ferries in India

In a first step, Echandia has signed an agreement with Siemens for 23 modern electric ferries for the South Indian city of Kochi's public transport...

March 3, 2025 Yahoo Finance

Echandia secures SEK 220 million in new financing round - scaling up operations to meet rapidly increasing demand

STOCKHOLM, March 3, 2025 /PRNewswire/ -- Echandia, the leading Swedish maritime battery system supplier, has closed a new funding round at SEK 220 million, a...

February 10, 2024 Marine Link

Echandia Bags Its Largest Order to Date

Sweden-based Echandia reports it has won its largest order to date, with a deal to supply battery systems to a Northern European ferry operator. The...

February 10, 2024 The Daily Herald

Swedish battery maker opens first U.S. facility in Marysville

MARYSVILLE — Echandia, a Swedish marine battery maker, opened its first U.S. plant Tuesday in Snohomish County. Located at the Cascade Industrial Park in Marysville...

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