The Hard Part with Evan McCann

Mike Peasgood from ENVGO

Aug 11, 2025
Mike Peasgood, Co-Founder and CEO of ENVGO, is revolutionizing the boating industry with his cleantech solutions that prioritize performance and sustainability. He shares insights from his journey, transitioning from drones to electric boating and the innovative design of hydrofoiling crafts that promise an exhilarating experience over water. Peasgood discusses the challenges of scaling production, market adoption hurdles compared to electric cars, and the importance of aesthetics and usability in attracting early adopters. Teamwork and resilience in entrepreneurship also take center stage.
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ANECDOTE

Started From Everyday Frustration

  • Mike started ENVGO from personal frustration of driving an EV yet fueling a gas boat.
  • He wanted the same clean, convenient electric experience on water.
INSIGHT

Hydrofoils Unlock Practical EV Performance

  • Hydrofoils lift the hull and deliver three to four times the efficiency of a conventional boat.
  • That efficiency makes high‑performance electric drivetrains practical without massive batteries.
ADVICE

Hide Complexity Behind Simple Controls

  • Build sophisticated control systems but hide them behind simple interfaces for users.
  • Give customers a throttle and wheel while the flight controller manages stability and foiling.
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