British marine technology company RAD has launched a new finance leasing programme for its RAD 40 electric outboard, with packages starting from £995 per month. Timed with the Southampton International Boat Show, the initiative eliminates high upfront capital barriers by offering a complete, turnkey electric propulsion bundle. Available over flexible three- to five-year terms, the scheme allows boat owners and operators to transition to sustainable, zero-emission technology through predictable payments before owning the system outright.
United Kingdom | September 21, 2026 – British marine technology company RAD has officially launched a flexible new leasing programme for its flagship RAD 40 electric outboard, offering its complete zero-emission propulsion package starting from £995 per month.
Timed to coincide with the Southampton International Boat Show (SIBS), a premier gathering for marine industry professionals and boat owners, the announcement addresses one of the biggest hurdles in maritime electrification: high upfront capital costs.
Lowering the Barrier to Electrification
As the global maritime sector accelerates its transition toward sustainable boating, upfront expenses often deter vessel owners from making the switch. RAD’s new finance lease provides an accessible route to modern propulsion through predictable monthly budgeting, with customers ultimately owning the system outright at the end of the term.
“We know that the upfront cost of moving to electric propulsion can be a significant barrier for boat owners and operators, even when they are interested in making the switch,” said Chris Shepherd, CCO at RAD. “Leasing gives customers another route, allowing them to access a complete system through a predictable monthly payment rather than a significant initial investment.”
Inside the Turnkey Package
Rather than just a standalone motor, RAD’s finance lease delivers a comprehensive, plug-and-play propulsion ecosystem configured specifically for each individual vessel. The turnkey bundle includes:
- The RAD 40 Outboard: Delivering 40kW of continuous power, near-silent operation, and zero emissions.
- Energy Storage: High-performance batteries customized to vessel specifications.
- Control Systems: Steering wheels, throttles, control units, and cabling.
- Vessel Adaptability: Short and long shaft options built to support RIBs, powerboats, and commercial or leisure craft.
Flexible Terms and Future-Proofing
Available across three, four, or five-year terms, the finance structure features fixed monthly payments tailored to individual operational profiles. Starting at £995 per month (subject to final configurations and terms), the model ensures operators can preserve working capital while integrating advanced maritime technology.
With the marine industry closely watching technological breakthroughs at SIBS 2026, RAD’s new scheme marks a practical step forward in turning sustainable propulsion from an ambitious target into an everyday commercial reality.
About RAD
RAD is redefining electric marine technology by delivering advanced propulsion systems, integrated energy solutions, intelligent vessel architecture, and autonomous capabilities through cutting-edge software. By enabling electrification, seamless connectivity, smart system management, and autonomous operation, RAD empowers vessels to perform at higher levels, operate with greater efficiency and independence, and adapt to the evolving demands of modern maritime operations.
Source: RAD