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NetworkNewsBreaks — Vision Marine Technologies I

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Posted On: 12/04/2023 4:04:07 PM
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Posted By: NetworkNewsWire
NetworkNewsBreaks — Vision Marine Technologies Inc. (NASDAQ: VMAR), Blue Water Boat Rental Partner in Florida Expansion Offering E-Motion(TM)-Equipped Rentals

Vision Marine Technologies (NASDAQ: VMAR), a global leader and innovator within the performance electric recreational boating industry, is partnering with Blue Water Boat Rental to expand into Riviera Beach, Florida. The company’s new operation is a “key milestone” in a strategic plan to broaden the reach and impact of sustainable electric boating. VMAR’s new Riviera Beach location, which is located near Peanut Island and benefits from Florida’s year-round boating climate, is scheduled to open this month. In a first for the company, the location will offer the revolutionary E-Motion(TM) 180E Powertrain System to renters. A leader in internal combustion engine boat rentals, Blue Water Boat Rental and its management noted that while other companies have thought about the idea of electric propulsion, Vision Marine has “actually developed and produced the technology that made this idea a reality.” The “win-win-win” situation for Blue Water, Vision Marine and customers will allow boat enthusiasts to try out this new technology before buying their own electric outboard or boat. Vision Marine offers a range of popular boat options outfitted with its advanced 180E E- Motion Powertrain, including center-console boats, bowriders and pontoons. The company, which has locations on the West Coast, is focused on growing its fleet to 25 diverse boats that blend high-performance E-Motion-equipped models with traditional offerings. “The opening of our first rental operation in Florida this month marks a significant milestone in our quest to transform the boating industry, and this is just the beginning,” said Vision Marine Technologies CEO Alexandre Mongeon in the press release.

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