New images and a video of the pre-production version of the Arc One, an electric boat with a massive battery pack and an elegant design, were revealed by Arc. The company has raised $30 million from a group of prominent investors that include Will Smith, Kevin Durant, and Sean Combs.

The pre-production version of the company's prototype is being revealed to show that the company is getting closer to customer deliveries, which are on schedule for this summer.

Since the company first came out of stealth, the Arc One's specifications have changed slightly. The boat will still have a top speed of around 40 miles per hour and can last about four hours under power before needing to be recharged, which the startup claims is plenty for a day out on the water.

The boat will come with a 220kWh pack that can power a motor with over 500hp, instead of a 200kWh pack that could power an electric motor with at least 475hp. The Arc One's battery pack is three times the size of a Model Y.

Lee said in an interview that it was a lot.

He said that a heavy battery pack is not a problem for an electric boat.

The Arc One will be a luxury cruise that will cost $300,000. The company is hoping to follow in the footsteps ofTesla by selling a high-priced, low-volume boat from which it will use the revenues to fund the production of a lower-cost model.

He said that it only appeals to a subset of people.

Lee said that that could include other water sport vehicles, like jet skis, or even commercial vessels.