Posted on March 10, 2025
San Diego-based Flagship Cruises and Events has been awarded a $15.27 million grant from the California Air Resources Board (CARB) to develop two fully electric zero emission ferries to serve the San Diego to Coronado route.
The CARB Advanced Technology Demonstration and Pilot Project grant is part of California Climate Investments, a statewide initiative that funnels carbon tax dollars into “climate change” projects in the state.
“This investment by the [taxpayers of the] State of California in fully electric zero emission ferries is a critical step toward cleaning our environment and reducing air pollution in San Diego,” said California Assemblymember David Alvarez.
Construction of the new vessels is expected to begin later this year with the goal of launching the first ferry by Q3 2026. Total project cost exceeds $21 million.
A family business established in San Diego in 1915, Flagship owns and operates San Diego’s largest fleet, ranging from luxury yachts and jet boats to the Coronado Ferry.
