Vision Marine Technologies (NASDAQ: VMAR),a pioneer in electric marine propulsion, today announced its partnership with JetRide Holding LLC, a Florida members-only boat club. The strategic alliance marks Vision Marine’s expansion in the burgeoning electric boat rental market, leveraging JetRide’s extensive network of over 17 boat club locations across Florida. The company believes that the electric boat market is experiencing rapid growth, driven by increasing awareness and demand among both seasoned boaters and newcomers. Vision Marine is positioned for opportunity as, similar to the rise of electric cars, electric boats become essential in the boating world. “Rental operations are the perfect platform to promote and showcase our innovative products and serves as the best marketing platform for future boat buyers’ education,” said Alex Mongeon, CEO of Vision Marine. “This partnership is a significant step towards promoting sustainable and thrilling boating experiences.”
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About Vision Marine Technologies Inc.
Vision Marine Technologies epitomizes the marine industry’s shift towards electric propulsion, offering the pioneering E-Motion(TM) outboard powertrain system. The company believes this innovative technology represents a significant leap forward in marine propulsion, combining advanced battery packs, inverters and high-efficiency motors with proprietary software and assembly techniques. Vision Marine’s commitment to eco-friendly electric powerboats is designed to reshape the recreational boating experience, offering higher speeds, longer ranges and smoother rides than traditional internal combustion engine boats. With a focus on design, innovation and craftsmanship, Vision Marine aims to redefine recreational boating for a more sustainable future. For more information, visit the company’s website at www.VisionMarineTechnologies.com.
NOTE TO INVESTORS: The latest news and updates relating to VMAR are available in the company’s newsroom at https://ibn.fm/VMAR
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