The Swedish crew skippered by Nathan Outteridge were in superb form from start to finish in the intense foiling catamaran duel on Bermuda's Great Sound.
Outteridge outsmarted his long-standing rival Peter Burling at the start and his six-man crew managed to fend off New Zealand's attempts to pass them.
Artemis Racing managed to stay on their foils for the whole race, while Emirates Team New Zealand kept their hulls out of the water for 99.9 percent of the time.
New Zealand complete America's Cup thrashing of the USA
The winner of the first-to-five series will go on to challenge America's Cup holder Oracle Team USA next week.
New Zealand pedal their way to brink of America's Cup victory
Sweden's skipper goes overboard as they lose America's Cup race to New Zealand