Vision Marine Technologies (VMAR) CEO On Electric Engines For Boats

Vision Marine Technologies (VMAR) produces electric engines for boats. They recently went public via IPO in November 2021. Alex Mongeon, CEO and Co-founder of Vision Marine Technologies, discusses the goals of the company for the next year as well as the benefits of owning an electric boat. He states that the company’s goal is to get 1-2% of the market to be electric. He then talks about how the range of electric boats is the same as gas powered boats, electric engines are faster, and maintenance of electric boats is reduced by 90% when compared to gas. Finally, Mongeon explains Vision Marine Technologies partnership with the boat manufacturer Limestone Boat (BOAT).

The Watch List

02 Jun 2021

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Vision Marine Technologies (VMAR) CEO On Electric Engines For Boats

Vision Marine Technologies (VMAR) produces electric engines for boats. They recently went public via IPO in November 2021. Alex Mongeon, CEO and Co-founder of Vision Marine Technologies, discusses the goals of the company for the next year as well as the benefits of owning an electric boat. He states that the company’s goal is to get 1-2% of the market to be electric. He then talks about how the range of electric boats is the same as gas powered boats, electric engines are faster, and maintenance of electric boats is reduced by 90% when compared to gas. Finally, Mongeon explains Vision Marine Technologies partnership with the boat manufacturer Limestone Boat (BOAT).

The Watch List

02 Jun 2021