Candela flies into ‘non-democracies’ as Europe rollout stalls: ‘Market is more or less dead’

Candela’s electric ferries are designed and built in Sweden, backed by European capital, and pitched as a cleaner alternative to the continent's diesel fleets.

So why are most of them ending up outside Europe?

To find out, we visited Candela’s Stockholm factory and sat down with founder Gustav Hasselskog to talk about Europe’s regulatory roadblocks, the company’s high-stakes scale-up challenge, and why he believes climate tech startups shouldn’t get more government money.