Oceanvolt a leading supplier of hybrid electric power & propulsion systems to the boating industry has announced the appointment of Tommi Lassila as their new CEO. He assumed responsibilities on 9.3.2020 and succeeds Markus Mustelin, who has been managing Oceanvolt for the past 3 years.

Tommi Lassila is joining Oceanvolt from ABB where he has been managing the sales activities in the global network of propulsion product services as the Sales Director.

As a naval architect by education and with more than 29 years of sales and project management from ABB Marine and Turbocharging under his belt, Tommi Lassila is the right person to lead the company into the next phase. Markus Mustelin will remain a great fan, a minor investor and a member of the board of Oceanvolt.

“During the past three years we have built the base for growth by securing funding, increasing revenue and profitability and developing our business processes. The next step is really about scaling the business and securing the positioning of Oceanvolt’s products and the company in the market. We welcome Tommi as a part of the Oceanvolt team, his experience in the development of large scale electric propulsion systems and his contacts within the marine industry are very much welcomed as well!

I would also like to take the opportunity to thank Markus Mustelin for his strong contribution to the growth of the company over the past three years.” says Ilkka Raiskinen, Chairman of Oceanvolt.

“I am really looking forward to working with the Oceanvolt team in growing the company and providing the customers with unique high quality electric propulsion systems. Electricity is a megatrend also in low power propulsion and Oceanvolt has the products to fulfil the market need for yachting and light commercial segments” says Tommi Lassila, new CEO of Oceanvolt.


Helsinki 13.3.2020

Ilkka Raiskinen

Chairman of the Board, Oceanvolt


About Oceanvolt

Founded in 2004 Oceanvolt is the leading manufacturer of hybrid electric power & propulsion systems for boats. Oceanvolt’s serial produced motor systems have been installed on hundreds of customer boats ranging from daysailers to 80 ft catamarans worldwide. The systems are not only suitable for cruising and sailing on lakes but also for circumnavigating the globe in tough conditions.

For additional information please contact:

Ilkka Raiskinen, Chairman of the Board, ilkka.raiskinen(at)

Tommi Lassila, CEO, tommi.lassila(at)

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